Federal Reserve Board Chair Janet Yellen on Wednesday defended policies related to commercial banks in the face of GOP criticism while also pinpointing areas where the Fed is open to regulatory easing.
Fed chair says post-crisis rules have made financial system safer and shouldn’t be rolled back; Atlanta bank rolls out internal program to other corporations.
A dad challenges JPMorgan Chase’s parental leave policy. A shareholder proposal to address the gender pay gap gets shot down at Citigroup. Plus, Cathy Bessant, Yolande Piazza and Elizabeth Warren.
Sen. Elizabeth Warren, D-Mass., asked Federal Reserve Chair Janet Yellen on Monday to remove 12 Wells Fargo board members because of the fake-accounts scandal.
Fed Chair Janet Yellen called the Treasury's report a "complicated document" that shared many of the central bank's objectives, including reducing regulatory burden without sacrificing safety and soundness.
President Trump has been in office for nearly 12 weeks, but he still hasn’t nominated several critical positions among financial services regulators. Following is a guide to what’s vacant now, and when other posts will be available.
The Trump administration’s interest in reinstating barriers between commercial and investment banking is sparking conversations about what such a proposal would entail.
Fed Chair Janet Yellen cast doubt on the administration’s call for a reinstatement of a Depression-era barrier between commercial and investment banking activities.
