Two years after President Obama signed the 848-page Dodd-Frank Wall Street Reform and Consumer Protection Act, only a third of the nearly 400 required regulations have been finalized, and critics say the ensuing uncertainty is retarding economic growth.
GOP presidential candidate Mitt Romney’s campaign hit back at President Barack Obama with a new TV spot hitting the president’s cozy relationship with donors.
Concerns about the coming “fiscal cliff” and Eurozone problems have U.S. companies pessimistic about the economy and less likely to hire, a new survey reports.
The developing Libor scandal has ensnared Obama Treasury Secretary Timothy Geithner, the Washington Post reports.
The New York Federal Reserve and its then-chairman Timothy Geithner were informed as early as 2007 about problems pertaining to Libor, a critical interest rate that sets the tone in the global marketplace, according to the Washington Post.