Sen. Jim Webb (D-Va.), who rarely gets into battles he thinks he can't win, said on Friday that he'll push to include a windfall bonus tax as an amend...
President Barack Obama's proposals to rein in the US banking sector and its practices could be enacted into law within six months, according to a key ...
So while the most recent ideas coming from the White House are controversial, they provide an opportunity to begin a meaningful discussion on how to a...
Obama's sweeping proposal for financial regulation took the world by surprise. Here two of the world's leading professors of finance explain why it is...
In an interview with George Stephanopoulos on ABC's "Good Morning America" today, Bill Gates threw his support behind President Obama's economic polic...
For nearly a year, President Barack Obama's economic team resisted measures to restrict the size and activities of the biggest U.S. banks. Two days af...
Democratscan't target big government because Republicans do that one better, especially when they're out of power. So what's the alternative? Wall Street.
During the economic turmoil of the last few years, Nobel Prize-winning economist and Columbia University professor Joseph Stiglitz has been one of the...
The last few weeks of political developments around the American-European financial system make us feel like we are back in the USSR. During the final...
Critics of the Obama administration's proposed bank tax have called the levy arbitrary, punitive and unfair. Now they may repeat those same claims in ...
As several news outlets are reporting this morning, the Obama administration is pondering a levy on the nation's largest -- and riskiest -- banking in...
Citigroup is to cap cash bonuses for bankers at below $100,000, according to people close to the situation. The move is aimed at defusing the public i...
DARLENE SUPERVILLE, Associated Press
WASHINGTON - President Barack Obama on Saturday pitched his proposed tax on banks to recover the cost of bailing...