The rule will impose new limits on the trading activities of Wall Street.
On The Money
People in the U.S. are growing more confident about the economy, even as October’s government shutdown continues to take a toll, Gallup said Tuesday.
But the agreement also requires veterans under 62 to pay more into their retirement accounts.
It's budget time: House and Senate negotiators reached a deal Tuesday night and spilled the details about the two-year agreement ahead of the budget conference’s Dec. 13 deadline.
Now the House will shift its efforts into passing the legislation before leaving for the holidays at the end of the week.
Obama hailed the "balanced" deal for replacing $63 billion in automatic spending cuts.
The big question is whether that package will be accepted in the House.
The Senate voted 57-41 to confirm Rep. Mel Watt (D-N.C.) as top housing regulator.
Business groups and lawmakers are making a two-pronged push for completion of fast-track authority and the addition of currency manipulation provisions into a delayed Asia-Pacific trade deal.
Trade advocates used the announcement on Tuesday that negotiators of the 12-nation Trans-Pacific Partnership (TPP) had failed to reach an agreement in time to make a self-imposed year-end deadline to keep up their pressure on other initiatives.
"What we really need is a government with less debt," the Florida senator said.
Negotiators bowed to reality and said there would not be a farm bill by the end of 2013.