Why GOP vows to block Obama nominee for consumer-watchdog agency
President Obama on Sunday at last named his choice to lead the new consumer watchdog agency created by Congress in sweeping financial reforms a year ago.
Source: WFMJ Youngstown
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Debate Over Consumer Agency Continues as Obama Taps Cordray to Lead
Listen to the Audio JUDY WOODRUFF: One of the most prominent and contentious changes in the financial regulation law was the creation of a consumer protection bureau. Today, the president picked a leader...
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US agency backs Vietnam environmental projects
US government agency Overseas Private Investment Corporation (OPIC) said it will provide up to US$50 million to finance a fund that will invest in environmental projects in Vietnam, Cambodia and Laos.
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Federal agency issues new security rules for financial institutions
The federal agency that regulates banks today issued new rules for online security for financial institutions, instructing them to use minimal types of "layered security" and fraud monitoring to better...
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India yet to decide on IMF chief nominee
New Delhi, June 17 : India has not yet decided on who to support as the next chief of the International Monetary Fund (IMF), Finance Minister Pranab Mukherjee said Friday.
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In brief | Obama announces FDIC nominee
FDIC nominee President Barack Obama said Friday that he would nominate Martin J. Gruenberg to become chairman of the Federal Deposit Insurance Corp. Gruenberg would succeed Sheila Bair, who plans to...
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Nigeria: Anti-Corruption Agency Arrests Ex-Speaker After Siege
In a preemptive move Sunday night, the Economic and Financial Crimes Commission (EFCC) arrested former speaker of the House of Representatives, Hon. Dimeji Bankole, ahead of his declaration to appear...
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Ireland's National Asset Management Agency to cash in its UK loan portfolio
NAMA's premature withdrawal from the UK would unleash properties worth nearly €9bn on the London market Ireland's bad bank, the National Asset Management Agency, is to ditch all its London property...