Legislation that would end carried interest for investment managers was introduced by a group of Senate Democrats.
President Biden called for higher rates for the highest income earners, and ending carried interest and lower tax rates for capital gains.
President Joe Biden will need to overcome a major political hurdle in his bid to end preferential tax treatment of investment income.
Sen. Sherrod Brown is demanding answers from Credit Suisse and other banks on their activities related to failed asset manager Archegos.
Treasury Secretary Janet Yellen suggested she may not favor singling out the world's biggest asset manager for tougher oversight.
The latest COVID-19 economic package offers relief for single- and multiemployer pension funds.
Recent volatile trading in GameStop shares may push lawmakers and regulators to revisit rules on short sale disclosure and order execution.
The Senate Health, Education, Labor and Pensions Committee approved the nomination of Marty Walsh as labor secretary in a 18-4 vote.
President Joe Biden withdrew nominations for three Federal Retirement Thrift Investment Board nominees made by predecessor Donald Trump.
Satyam Khanna was named senior policy adviser at the SEC in a new position addressing climate and ESG issues.
The pandemic is the Biden administration's priority, but climate risk and other investor issues are on the table.
President Joe Biden is offering Nellie Liang, a veteran of the Federal Reserve and expert in financial regulation, a top role at Treasury.
The Department of Labor appointed five new members to its ERISA Advisory Council.
President Trump now holds the distinction of the only president to be impeached twice, but what does that mean for his presidential pension?
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 Trump reintroduced three nominations to the Federal Retirement Thrift board, along with Judy Shelton to serve on the Fed board.
The nominations of three men to the Federal Retirement Thrift Investment Board has not yet been approved by the full Senate.
President-elect Joe Biden has picked Brian Deese, an executive at BlackRock, to lead his National Economic Council.
The incoming Biden administration is expected to take a less partisan approach as it tackles big problems while navigating a divided Congress.
Sustainable investors and advocates argue that Washington needs to come up with a comprehensive federal response to the COVID-19 crisis.
President Donald Trump said he's "very seriously" considering a capital gains tax cut, a move he decided against last September.
Members of New York's congressional delegation want the state to investigate whether hedge funds manipulated prices of Puerto Rico bonds.
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.