While House Speaker Boehner’s concern involves feared challenges collecting the taxes, retailers support the legislation to levy sales taxes over the Internet.
A new bill designed to end the danger of banks being “too big to fail” would force megabanks to carry more capital or shrink themselves down to size.
How the two chambers are handling their oversight of the Consumer Financial Protection Bureau has become a study in contrast.
Economists may have a way to make banking regulations stronger and dampen their negative impact on the economy.
Money market funds face the regulatory stick again.
A new bill introduced in Congress would break up any bank big enough to substantially damage the economy if it failed.
Fed Chairman Ben Bernanke says banks are stronger, but that hasn’t stopped the Senate from pushing forward with higher capital requirements for big banks.
The Senate Banking Committee has voted along party lines to approve the nomination of Richard Cordray as director of the CFPB.
The Senate Banking Committee held confirmation hearings for two of the potentially toughest federal regulators.
Federal regulators recently rolled out new proposed guidelines on how banks can interact with customers on social media.