Congress faces a possible delay in the passage of the $1.1 trillion spending bill for fiscal year 2015 as some Democrats and Republicans have raised objections over some provisions, the New York Times reported Wednesday.
MoreThe Senate confirmed Richard Cordray in a 66-34 vote Tuesday as head of the Consumer Financial Protection Bureau, ending a two-year hold on his nomination, Bloomberg reported Wednesday. Carter Dougherty and Cheyenne
MoreMary Schapiro, chairman of the Securities and Exchange Commission, will stepp down from her post Dec. 14 after four years, the agency announced Monday. The agency said Schapiro is one of the
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The Office of Thrift Supervisionâs functions, including the regulation of federal savings associations, have moved to the Office of the Comptroller of the Currency, the OCC announced Wednesday. Section 312 of the
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The Consumer Financial Protection Bureau commenced operations yesterday and President Barack Obama has nominated former Ohio Attorney General Richard Cordray to lead the new agency, the AP reports. Cordray was nominated over
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