Former President Barack Obama, who decried income inequality and slammed “fat cat” bankers during his presidency, recently agreed to speak at a Wall Street firm’s conference for $400,000.
Hundreds of employees at the Consumer Financial Projection Bureau, a government agency first proposed by Sen. Elizabeth Warren (D., Mass.), are paid higher salaries than members of Congress and Cabinet secretaries, according to a recent analysis by the Daily Caller News Foundation.
The Dodd-Frank financial reforms born out of the 2008 Great Recession have cost the average American household $310 annually, according to a new study.
Rep. Jeb Hensarling (R., Texas), the chairman of the House Financial Services Committee, has introduced new legislation called the Financial CHOICE Act that would repeal and replace the Dodd-Frank Act.
Republicans on the House Financial Services Committee, led by Chairman Jeb Hensarling (R., Texas), are set to unveil new legislation in the coming weeks that would effectively repeal and replace the Dodd-Frank Act.
Tuesday marks the fifth anniversary of the passage of the Dodd-Frank law, the largest financial regulation since the Great Depression—and more than a third of Americans have never heard of it, according to a new report.
Companies will be forced to disclose how many times more their Chief Executive Officers earn relative to rank and file employees, the result of a little known regulation in Dodd-Frank to be finalized later this year.