Swiss and international regulators will probably ask banks to hold more capital in relation to total assets after the U.S. raised leverage-ratio requirements for the biggest lenders, UBS AG Chairman Axel Weber said.
Republican lawmakers said hearings on Sylvia Mathews Burwell’s nomination as U.S. Health and Human Services secretary provide a fresh opening to raise questions about President Barack Obama’s health-care law.
A shooting by an Iraq War veteran at Fort Hood in Texas last week calls attention to the importance of bolstering security at military bases and the emotional well- being of personnel strained by multiple deployments and federal budget cuts, U.S. lawmakers said.
Former U.S. State Department contractor Stephen Kim was sentenced to 13 months in prison for disclosing intelligence on North Korea to a Fox News reporter in a case that sparked criticism from free-press advocates of the Obama administration’s crackdown on unauthorized leaks.
A lawyer for New Jersey Governor Chris Christie’s office set up a showdown with a state legislative committee by turning aside a call to produce transcripts of interviews of more than 70 witnesses in an internal probe of the George Washington Bridge lane closings.