Could the 2008 financial crisis happen again?

Mar 14, 2018
Economists look back on the 2008 financial crisis and the changes in banking regulation that have occurred since.
Midtown buildings are reflected in a window at Bear Stearns headquarters March 24, 2008 in New York City. 
Chris Hondros/Getty Images

What the Fed's crackdown on Wells Fargo says about the future of financial regulation

Feb 5, 2018
Jerome Powell was sworn in as the new chairman of the Federal Reserve today. But it’s his predecessor, Janet Yellen, who’s making waves in the markets. Last Friday, in one of her last actions as Fed chair, Yellen slapped an…

Head of Consumer Financial Protection Bureau will step down

Nov 15, 2017
Richard Cordray announced today that he’s leaving the Consumer Financial Protection Bureau by the end of the month. President Donald Trump will get to appoint Cordray’s successor, giving him yet another way to reshape U.S. financial regulation. We take a look…

Outgoing Fed Gov. Daniel Tarullo says cyber security is top on his list

Apr 3, 2017
'It's just a much stronger financial system,' he says, than nine years ago.
Federal Reserve Board Gov. Daniel Tarullo has been at the Federal Reserve for over eight years. Wednesday is his last day.
Win McNamee/Getty Images

Consumer watchdog agency is at risk under Trump

Mar 8, 2017
S0me Republicans want major changes to the Consumer Financial Protection Bureau.
President Donald Trump signs executive orders, including one to review the Dodd-Frank financial reform law, under which the Consumer Financial Protection Bureau was created.
Aude Guerrucci - Pool/Getty Images

Why Wall Street needs courageous leadership

Feb 27, 2017
In his book, William Cohan says Wall Street built America, but its rewards system needs change.
"Wall Street writ large," author William Cohan says, "is this whole huge finance effort worldwide that really importantly provides capital to people who need it by taking it from people who have it to invest."
(BRYAN R. SMITH/AFP/Getty Images)

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The long road ahead for the Consumer Financial Protection Bureau

Nov 14, 2016
Will the Trump administration try to reign in the agency's power?
President Barack Obama delivers a statement on the confirmation of Richard Cordray as director of the Consumer Financial Protection Bureau. 
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Big banks profit by sticking to their knitting

Oct 19, 2016
A surprisingly strong quarter was driven by traditional parts of the business.
Morgan Stanley reported better-than-expected profit for the third quarter.
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It's a rough time to be a hedge fund

Mar 18, 2016
A record number of funds closed up shop last year.
With volatile markets and lots of closures in 2015, it's a hard time to be a hedge fund.
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