Latest Financial industry regulation News

Editorial Roundup: New England

Sep. 25, 2022 11:48 AM EDT

Hartford Courant. September 21, 2022. Editorial: A state trooper’s humanity toward a veteran is a lesson to all You really have to see the bodycam video. But if you don’t get that chance, take our word for it: the Connecticut State Police trooper...

NH secretary of state's office puts out investor guide

Sep. 22, 2022 16:25 PM EDT

CONCORD, N.H. (AP) — The New Hampshire secretary of state's office and its securities regulation bureau have put out an investor guide for residents. The first edition of “The New Hampshire Investor Guide: Strategies for Investing Wisely and Avoiding Financial Fraud" debuted...

Bank CEOs questioned on consumer protections, social issues

Sep. 22, 2022 14:49 PM EDT

NEW YORK (AP) — The CEOs of the nation’s biggest banks returned to Capitol Hill for a second day Thursday, and Senate Democrats strongly urged them to do more to help and protect their customers, while Republicans questioned whether banks should weigh in on hot-button social issues. ...

California to again protect insurance policies in fire areas

Sep. 22, 2022 14:36 PM EDT

FORESTHILL, Calif. (AP) — California temporarily banned insurance companies Thursday from dropping customers in areas affected by recent wildfires, a day after evacuation orders were lifted for residents near a two-week-old blaze that’s become the largest in the state so far this year. ...

New Mexico braces for exodus from Medicaid insurance

Sep. 21, 2022 19:54 PM EDT

SANTA FE, N.M. (AP) — New Mexico is bracing for a rapid exodus of up to 100,000 people from subsidized Medicaid health care next year as the federal government phases out special pandemic-era spending and eligibility for the program, the state's top health official told lawmakers Wednesday. ...

Bank CEOs warn that US economy faces 'daunting' challenges

Sep. 21, 2022 18:26 PM EDT

WASHINGTON (AP) — The CEOs of the nation's biggest banks appeared in front of Congress Wednesday and gave a dim view of the U.S. economy, reflecting the financial and economic distress many Americans are facing. JPMorgan Chase's Jamie Dimon, Citigroup's Jane Fraser and other chief...

FTC reviewing Amazon's $1.7 billion deal to buy iRobot

Sep. 20, 2022 20:52 PM EDT

NEW YORK (AP) — The Federal Trade Commission is investigating Amazon’s $1.7 billion acquisition of iRobot, the latest deal that’s under scrutiny by the regulators amid growing concerns about the company’s market power. In a regulatory filing Tuesday, iRobot said both it and...

Lebanon aims to adopt long-delayed IMF reforms in October

Sep. 20, 2022 09:49 AM EDT

BEIRUT (AP) — Crisis-hit Lebanon hopes to adopt key reforms demanded by the International Monetary Fund for a long-delayed but urgently needed bailout before the end of next month if there is “political will”, Lebanon’s caretaker economy minister said Tuesday. Amin Salam...

Iran faces US in international court over asset seizure

Sep. 19, 2022 11:37 AM EDT

THE HAGUE, Netherlands (AP) — Iran told the United Nations' highest court on Monday that Washington’s confiscation of some $2 billion in assets from Iranian state bank accounts to compensate bombing victims was an attempt to destabilize the Iranian government and a violation of international...

Special session on Missouri tax cuts drags on

Sep. 15, 2022 14:52 PM EDT

JEFFERSON CITY, Mo. (AP) — Missouri lawmakers ended work early Thursday as private negotiations over potential tax cuts continued. Republican Gov. Mike Parson had called on the GOP-led Legislature to start a special session on tax cuts last week, but they delayed in in an attempt...