U.S.

Senate approves bill rewriting post-crisis bank rules

5 monthes ago   |   By

WASHINGTON - The U.S. Senate voted 67 to 31 on Wednesday to ease bank rules, bringing Congress a step closer to passing the first rewrite of the Dodd-Frank reform law enacted after the 2007-2009 global financial crisis.
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Democrats Back a Bank Bill That Could Hurt Black Homebuyers

5 monthes ago   |   By

When 67 senators voted on Wednesday night to weaken the Dodd-Frank Act and ease rules across the banking industry, they also made it easier for banks to discriminate against black borrowers.
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Congress rides to the rescue of thriving bankers

5 monthes ago   |   By

President Donald Trump and other supporters of the major banking bill that cleared the Senate on Wednesday say they want to rescue the nation's lenders from a crush of regulations. But far from being crushed, the industry looks more like it's booming. Banks have hauled in record profits for the last three years and will be among the biggest winners under the new tax-reform law. Their loans are growing by 4 to 5 percent a year, well within historical norms. And even community banks, which the bill's backers say they're most concerned about, are making money. Despite these signs of...
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Highlights of the Senate banking bill

5 monthes ago   |   By

The Senate delivered a striking victory Wednesday to the nation's banks by voting to scale back key regulations imposed under the Obama administration. The bipartisan legislation would soften the Dodd-Frank Act, the law enacted to prevent another market meltdown after the 2008 financial crisis. The bill, which faces an uncertain fate in the House, has been mainly sold as an effort to benefit small banks, especially those that serve rural America. Yet it would also aid many larger lenders on the premise that they face more regulation than their risks require. Critics like Sen. Elizabeth...
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Senate Passes Bill Loosening Banking Rules, but Hurdles Remain in House

5 monthes ago   |   By

The Senate, in a rare show of bipartisanship, voted 67 to 31 to ease some financial rules imposed after the 2008 financial crisis.
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In rare bipartisan vote, Senate eases some post-financial crisis bank regulations

5 monthes ago   |   By

Nearly eight years after Congress dramatically toughened banking regulations in the wake of the financial crisis, the Senate took a rare bipartisan step and voted Wednesday to ease some rules on small and midsize banks. But larger banks also get some breaks in the legislation, a move that led to...
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Cardinal under fire over report on priest abuse 'is not telling the truth,'...

Cardinal under fire over report on priest abuse 'is not telling the truth,' Pennsylvania AG says

The release of a grand jury report detailing allegations of widespread predatory behavior by more than 300 priests against more than 1,000 children is leading to calls for... Read more ...

White House Counsel Has Spoken to Mueller for 30 Hours

White House Counsel Has Spoken to Mueller for 30 Hours

"For a lawyer to share so much with investigators scrutinizing his client is unusual." But what makes it even more unusual is that the lawyer in question is White House counsel... Read more ...

Rockies score 3 in 9th, LeMahieu HR in 10th tops Braves 5-3

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ATLANTA - The Colorado Rockies struck for three runs with two outs in the ninth inning, then DJ LeMahieu homered over the center field wall in the 10th Saturday night in a 5-3... Read more ...

Can state's first Vegas-style casino spur revival for Springfield?

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The casino, hotel, shopping and dining complex spans roughly three city blocks. Read more ...

Aguero scores hat trick, Man City beats Huddersfield 6-1

Aguero scores hat trick, Man City beats Huddersfield 6-1

MANCHESTER, England - Sergio Aguero scored a hat trick, with one of the goals set up by his own goalkeeper, as Manchester City turned on the style in a 6-1 thrashing of... Read more ...

WATCH: Nun throws perfect pitch before White Sox game

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Sister Mary Jo Sobieck showed off an arm-bounce before firing the ball straight over the plate. Read more ...

'UPFRONT' recap: Vukmir excited at possible chance to push Trump agenda in...

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People awaiting Backstreet Boys concert injured after structure collapses at...

People awaiting Backstreet Boys concert injured after structure collapses at casino

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White House attorney talked for months to Mueller probe, New York Times reports

White House attorney talked for months to Mueller probe, New York Times reports

White House attorney Don McGahn has been cooperating for several months with Robert Mueller's investigation, according to a bombshell New York Times story that said he worried... Read more ...

California PD releases video of police SUV hitting teen running from authorities

California PD releases video of police SUV hitting teen running from authorities

The reported speed of the vehicle was 27 mph when the officer struck the teen with his vehicle, although the speed is still under investigation, according to the police department. Read more ...