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.
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.
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.
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.
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.