John Walsh News
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The shutdown of a wheelchair-van maker financed by U.S. taxpayers is adding to congressional criticism of clean-energy lending by President Barack Obama’s administration that’s been a target since the 2011 bankruptcy of solar-panel maker Solyndra LLC.
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The level of risk popularly assigned to the derivatives market is greatly exaggerated, said Acting Comptroller of the Currency John Walsh.
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Fixing the broken foreclosure process will be “messy” but is necessary to restore integrity to the system, John Walsh , acting Comptroller of the Currency said.
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A startup automaker financed by the U.S. government won a regulatory decision that Chrysler Group LLC said will give its competitor a monopoly on selling wheelchair-accessible minivans to transit agencies.
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Community banks facing new rules imposed by the Dodd-Frank Act may face an impact similar to a “drug interaction,” where multiple measures aimed at improving health combine to cause a negative outcome, Acting Comptroller of the Currency John Walsh said.
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John Walsh, acting U.S. comptroller of the currency, said “overly stringent” capital and liquidity requirements on banks risks pushing lending to less-regulated markets.
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Federal Reserve officials yesterday addressed a Fed proposal to cap debit-card “swipe” fees at 12 cents per transaction.
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The Dodd-Frank Act ban on references to credit ratings in financial-industry rules should be amended to keep it from blocking adoption of international capital and liquidity standards, a top banking regulator told lawmakers.
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Deutsche Boerse AG will likely face an in-depth review by European Union antitrust regulators of its $9.53 billion bid for NYSE Euronext , a deal that would create the largest owner of equities and derivatives markets, lawyers said.
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U.S. Securities and Exchange Commission Inspector General H. David Kotz is leaving the agency after four years to join a private investigative firm.
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