Tim Pawlenty, the former Republican governor of Minnesota who criticized Wall Street while running for president last year, is joining the Financial Services Roundtable as president and chief executive officer.
Jennifer Cavallaro’s Twitter feed usually deals with matters like the free-range egg salad she serves at her Beehive Café in Bristol, Rhode Island. On May 17, 2010, she blasted a different message to her followers.
One year after the U.S. Consumer Financial Protection Bureau began operating as an independent agency, Director Richard Cordray says it has achieved one of its chief goals: getting Wall Street to pay attention.
President Barack Obama ’s proposed budget includes a smaller version of a fee he proposed last year that would be paid by U.S. financial institutions, including Bank of America Corp. and JPMorgan Chase & Co.
Credit-card rules that took effect last year curbed interest rate increases and late fees, and almost stamped out charges for exceeding credit limits, according to the new U.S. Consumer Financial Protection Bureau.
The U.S. Chamber of Commerce said President Barack Obama ’s administration has “vilified” businesses, and the president’s aides fought back with a vow not to settle for lax regulation of banks and oil companies.