Sen. Elizabeth Warren ripped the Federal Reserve for its oversight of Credit Suisse Group in the run-up to Archegos Capital's implosion.
President Joe Biden will need to overcome a major political hurdle in his bid to end preferential tax treatment of investment income.
Treasury Secretary Janet Yellen suggested she may not favor singling out the world's biggest asset manager for tougher oversight.
President Joe Biden is offering Nellie Liang, a veteran of the Federal Reserve and expert in financial regulation, a top role at Treasury.
Gary Gensler, a former head of the main U.S. derivatives regulator, is President-elect Joe Biden's likely pick to lead the SEC.
President-elect Joe Biden has picked Brian Deese, an executive at BlackRock, to lead his National Economic Council.
In a startling move, Geoffrey Berman, U.S. attorney for the Southern District of New York, is to be replaced by SEC Chairman Jay Clayton.
The Trump administration said it could no longer certify Hong Kong's political autonomy from China, in a move that could trigger sanctions.
Lawmakers are pushing President Trump to get tough on banks and asset managers that restrict financing for oil drilling and coal mining.
President Trump announced a set of clemencies and pardons, including for financier Michael Milken who was convicted of securities fraud.
Trump administration officials are discussing ways to limit U.S. investors' portfolio flows into China.
President Trump wants the Fed to weaken the dollar, but Jerome Powell has made clear it's not his job.
The White House is developing a plan to cut taxes by indexing capital gains to inflation in a move that would bypass Congress.
Snap said the U.S. Justice Department and SEC are looking into allegations it misled investors ahead of its IPO last year.
President Donald Trump says giving investors a tax break on capital gains would trigger growth.
President Donald Trump's plan to abolish a tax break for hedge fund managers was kept out of the final tax overhaul legislation after a split by his advisers.
The Senate voted to extend the U.S. debt limit as part of a $15.25 billion bill providing funds for Hurricane Harvey victims.
President Donald Trump sided with Democrats on adding a three-month extension of the U.S. debt limit and government spending to a hurricane-relief bill.
President Donald Trump hired former hedge fund executive Anthony Scaramucci as his communications director.