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The Financial Stability Oversight Council voted 6-3 to remove the official designation that AIG is a
Economy

AIG, at the heart of the financial crisis, will no longer be scrutinized like a megabank, regulators say

Joseph Lawler -
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President Trump's Justice Department nominee Brian Benczkowski, a Republican lawyer who once served as a staff director of the judicial committee for former Sen. Jeff Sessions, was advanced in an 11-9 party-line vote and will soon head to the Senate floor for a confirmation vote. (AP Photo/Harry Hamburg)
National Security

Justice Department nominee with ties to Russian bank voted out of committee

Kelly Cohen -
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More than half said they could come up with $2,000 in a month if necessary to meet an unexpected expense, but they have less than $250 on hand. (iStock photo)
Economy

43 percent of adults struggle to make ends meet, CFPB finds

Joseph Lawler -
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Smith has served as CEO of the credit monitoring company since 2005. (Image courtesy screenshot)
Economy

Equifax CEO Richard Smith abruptly retires after massive data breach

Melissa Quinn -
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Many businesses are willing to back a tax bill that eliminate their preferred tax breaks in return for lower rates. But from the financial industry's perspective, a plan to pre-tax savings just to raise revenues on paper could be a bad target.
Business

Republicans could target 401(k)s in tax reform gimmick

Joseph Lawler -
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Wells Fargo's Timothy Sloan will appear before the committee on Oct. 3, and then Equifax's Richard Smith will appear the next day. (AP)
Economy

Equifax, Wells Fargo CEOs to be brought before Senate committee in early October

Joseph Lawler -
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Economy

Janet Yellen: Wells Fargo’s fake accounts scandal is ‘egregious and unacceptable’

Joseph Lawler -
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Financial Services Committee members argued that the agency rushed to cut a deal for $100 million when it could have sought $10 billion for the megabank's fake accounts scandal. (AP Photo/Matt Rourke)
Economy

House Republicans fault CFPB for settling with Wells Fargo for 1 percent of potential

Joseph Lawler -
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News

Senators ask Equifax how it will help servicemembers hit by data breach

Anna Giaritelli -
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Former President Barack Obama made $400,000 for a speech he gave to clients of Northern Trust Corp. last month, according to a report. He is scheduled to headline Cantor Fitzgerald LP's healthcare conference next week. (AP Photo/Michael Probst, FILE)
News

Obama making $400,000 speeches to Wall Street firms: Report

Caitlin Yilek -
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