Standard & Poor’s will be allowed to see government documents relating to the U.S. Justice Department’s decision last year to sue the rating company and not its competitors for issuing allegedly fraudulent ratings.
The election that will determine control of the U.S. Senate is more than seven months away, an eternity in American politics. Even so, independent analysts are increasingly bullish on Republican prospects of gaining the six seats the party needs to win control of the chamber.
The U.S. Senate blocked President Barack Obama’s nominee to be the government’s top civil rights enforcer after Republicans and law enforcement groups objected to his role in the case of a Black Panther activist convicted of killing a white Philadelphia police officer.
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.