The White House told industry officials on Friday that it is leaning toward recommending that the Federal Reserve become the supercop for "too big to fail" companies capable of causing another financial meltdown.
According to officials who attended a private one-hour meeting between President Barack Obama's economic advisers and representatives from about a dozen banks, hedge funds and other financial groups, the administration made it clear it was not inclined to divide the job among various regulators as has been suggested by industry and some federal regulators.
TVNL Comment: This should tell you who owns Obama....and the answer is not the American citizens!
The Missouri Supreme Court ruled Thursday that the state’s redrawn congressional map cannot be used in...
A Chinese immigrant was found dead just hours after being booked into immigration detention in a...
Aid experts have denounced the US’s “embarrassing” and “pitiful” initial response to the Nepal flood disaster...
A Utah judge ruled Tuesday that the man accused of killing Charlie Kirk must stand trial...
