Financial industry regulation

FILE - In this Jan. 15, 2015, file photo, a Citibank sign hangs above a branch office in New York. On Tuesday, Jan. 16, 2018, Citigroup Inc. reports financial results. (AP Photo/Mark Lennihan, File)
January 16, 2018 - 8:26 am
NEW YORK (AP) — Citigroup lost $18.3 billion in the fourth quarter as the bank had to take more than $20 billion in accounting write-downs related to the new tax law. The bank had a loss of $7.15 a share, compared with a profit of $3.57 billion, or $1.14 a share, in the same period a year ago...
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January 15, 2018 - 9:49 am
PARIS (AP) — France's finance minister says he wants new regulation targeted at virtual currencies, to stop them from being used for tax evasion, financing terrorism and other crime. Bruno Le Maire said in a sweeping economic speech Monday that he has ordered a former central bank chief to draft...
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FILE - This Wednesday, Aug. 17, 2016, file photo, shows a Chase bank branch in North Miami Beach, Fla. JPMorgan Chase & Co. reports earnings, Friday, Jan. 12, 2018. (AP Photo/Wilfredo Lee, File)
January 12, 2018 - 3:55 pm
NEW YORK (AP) — Two of the nation's biggest banks — JPMorgan Chase and Wells Fargo — indicated Friday that they expect to see significant future benefits from the recently enacted GOP tax bill, through both lower taxes and increased business. The comments came as the two companies reported their...
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January 09, 2018 - 7:53 pm
SAN FRANCISCO (AP) — Two U.S. lawmakers are asking federal regulators to open an investigation into stock sales that reaped a $25 million profit for Intel's CEO several weeks before the company disclosed a serious security flaw threatening millions of computers, phones and other devices. Sen. Jack...
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Greek Labor Minister Efi Achtsioglou gestures during an invasion of her office by supporters of Greece's Communist Party, seen at right, protesting planned new bailout-linked reforms in Athens, on Tuesday, Jan. 9, 2018. Several hundred members of a Communist Party-affiliated labor union, who are angry at proposals to make it harder to call strikes, took part in a protest march through Athens that culminated in an invasion of the ministry building. (AP Photo/Thanassis Stavrakis)
January 09, 2018 - 2:43 pm
ATHENS, Greece (AP) — Greece's government has presented to Parliament for ratification a new batch of creditor-demanded reforms, including measures that will make it harder for labor unions to call strikes. The draft law made public late Tuesday is the last hurdle Greece must clear to receive a new...
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January 08, 2018 - 8:01 pm
WASHINGTON (AP) — Congress' official budget analysts have eased one stumbling block to lawmakers' fight over renewing a program that provides health insurance for nearly 9 million low-income children. The Congressional Budget Office says a Senate bill adding five years of financing to the program...
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California State Sen. Scott Weiner, right, celebrates the opening of The Apothecarium for recreational marijuana sales in San Francisco on Saturday, Jan. 6, 2018. Joining him are The Apothecarium co-founder and CEO Ryan Hudson, center, and San Francisco Supervisor Jeff Sheehy. (AP Photo/Noah Berger)
January 06, 2018 - 7:45 pm
SAN FRANCISCO (AP) — This week's announcement that the U.S. Justice Department was ditching its hands-off approach to states that have legalized marijuana initially sent some in the industry into a tailspin, just days after California's $7 billion recreational weed market opened for business. But...
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FILE - In this Oct. 12, 2017 file photo, President Donald Trump speaks before signing an executive order on health care in the Roosevelt Room of the White House in Washington. Striving to fulfill a campaign promise, the Trump administration Thursday proposed regulations to facilitate interstate sale of health insurance policies that cost less but may not cover as much. (AP Photo/Evan Vucci)
January 04, 2018 - 1:40 pm
WASHINGTON (AP) — Striving to fulfill a campaign promise, the Trump administration moved Thursday to facilitate the interstate sale of health insurance policies that cost less but may not cover as much. The proposed regulation from the Labor Department would provide more health insurance options...
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President Donald Trump together with first lady Melania Trump and their son Barron Trump returns to the White House in Washington, Monday, Jan. 1, 2018, from a holiday break at his Mar-a-Lago estate in Palm Beach, Fla. (AP Photo/Manuel Balce Ceneta)
January 02, 2018 - 8:10 am
WASHINGTON (AP) — President Donald Trump has returned from an end-of-year holiday to face fresh legislative challenges, midterm elections and threats abroad. The president opened the second year of his presidency with confrontational tweets targeting Iran and Pakistan. He tweeted Tuesday: "The...
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FILE - In this Dec. 20, 2017 file photo, President Donald Trump congratulates Senate Majority Leader Mitch McConnell of Ky., while House Speaker Paul Ryan of Wis., looks on during a ceremony at the White House after the final passage of tax overhaul legislation. President Trump plans to open the new year by meeting with Republican congressional leaders at the rustic Camp David presidential retreat in Maryland to map out the 2018 legislative agenda. (AP Photo/Manuel Balce Ceneta)
December 27, 2017 - 8:00 pm
WEST PALM BEACH, Fla. (AP) — Eager for more legislative achievements before Washington's focus shifts to the midterm elections, President Donald Trump plans to start the new year by meeting with Republican congressional leaders to plot the 2018 legislative agenda, the White House said. After...
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