The Financial Stability Oversight Council identified climate change as an emerging and increasing threat to U.S. financial stability.
SEC Chairman Gary Gensler was pressed by a House financial committee on several topics, including ESG disclosures and cryptocurrency.
Most industry insiders are not worried about the U.S. defaulting on its debt, since the consequences would be too dire to contemplate.
House Democrats' plan to limit a favorite tax break for private equity is more restrictive than it first appeared.
Democrats on the House Ways and Means Committee unveiled a plan to raise corporate and long-term capital gains tax rates and put limits on IRAs.
SEC Commissioner Hester M. Peirce is concerned an ESG disclosure rule-making could bring about myriad complexities and consequences.
The Senate confirmed Nellie Liang as the Treasury Department's undersecretary for domestic finance in a 72-27 vote.
Two Republican senators believe BlackRock and SSGA are putting ESG and "left-leaning" priorities ahead of their fiduciary duty to TSP.
Budget season is officially underway in Washington as the White House has proposed a $6 trillion federal budget for the next fiscal year.
Sen. Elizabeth Warren ripped the Federal Reserve for its oversight of Credit Suisse Group in the run-up to Archegos Capital's implosion.
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.
Recent volatile trading in GameStop shares may push lawmakers and regulators to revisit rules on short sale disclosure and order execution.
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.
The Department of Labor appointed five new members to its ERISA Advisory Council.
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.
The incoming Biden administration is expected to take a less partisan approach as it tackles big problems while navigating a divided Congress.