Biden calls on Congress to tighten laws to claw back executive pay, levy penalties in bank failures
President Joe Biden called on Congress to give regulators more authority to claw back pay and penalize executives at distressed…
JPMorgan CEO Jamie Dimon ‘knew in 2008’ that Epstein was a sex trafficker, lawyer argues
An attorney for the U.S. Virgin Islands argued in federal court that JPMorgan Chase CEO Jamie Dimon and ex-top bank…
Turkey will start ratifying Finland’s NATO application; International court issues arrest warrant for Putin for alleged war crimes
This was CNBC’s live blog tracking developments on the war in Ukraine on March 17, 2023. See here for the…
Silicon Valley Bank ex-CEO backed Big Tech lobbying groups that targeted Dodd-Frank, sought corporate tax cuts
Before Silicon Valley Bank’s failure, its former CEO Greg Becker backed two tech industry lobbying groups that tried to influence…
Senators relaunch bill seeking to force Supreme Court to televise sessions
The chairman of the Senate Judiciary Committee and a leading Republican senator on Thursday reintroduced a bill that seeks to…
China would be among first paid under GOP debt limit plan, Treasury Secretary Yellen says
WASHINGTON — Treasury Secretary Janet Yellen said Thursday that China would be among the first in line to get paid…
Fed poised to approve quarter-point rate hike this week, despite market turmoil
Even with turmoil in the banking industry and uncertainty ahead, the Federal Reserve likely will approve a quarter-percentage-point interest rate…
Treasury Secretary Yellen says not all uninsured deposits will be protected in future bank failures
WASHINGTON — Treasury Secretary Janet Yellen sought to reassure markets and lawmakers on Thursday that the federal government is committed…
One year after the first rate hike, the Fed stands at policy crossroads
The Federal Reserve is one year down its rate-hiking path, and in some ways it’s both closer and further away…
Ex-fugitive in fraud scheme tied to $100 million NJ deli willing to pay millions for bail
NEWARK, N.J. – The former fugitive connected to a New Jersey deli company whose stock once was absurdly valued at…
