Earlier this week, a U.S. district court in New York state dismissed a consolidated lawsuit that had sought to halt implementation of the U.S. Securities and Exchange Commission’s (SEC) Regulation Best Interest (Reg BI) rule.
Normally, news of a sitting U.S. congressman resigning from office just before he pleads guilty to insider trading charges would consume much of the conversation inside the Beltway. But these, of course, are not normal times.
Imagine you knew exactly which stocks to pick a decade ago, the ones that would do best during the rally. What would life have been like on the way to world-beating gains. This quarterly industry report excerpt explains why even God would get fired as an active manager.
Given events in Washington over the last several days, you might be expecting a deep dive into the impeachment process. While we spent some time walking through the intricacies and history of the process in April, there will no doubt be much more to say on the issue in the weeks ahead as events transpire at the Capitol. Today, though, we take a break from Washington for a visit to the campaign trail.
The Business Roundtable announced this week that, in its latest reading, the organization’s CEO Economic Outlook Index had its biggest quarterly decline in seven years. Business Roundtable President and CEO Joshua Bolton said, “American businesses now have their foot poised above the brake, and they're tapping the brake periodically.”
About a month ago, we advised readers that they should look to the states, rather than Congress, to see substantial progress on data privacy legislation over the next few months.
Congress returns to Washington next week following an eventful August recess. The country endured growing trade tensions with China, a trio of tragic mass shootings in Texas and California and a catastrophic hurricane, which has wreaked havoc in the Bahamas and now threatens Florida, Georgia and the Carolinas.
In The Hollow Men, poet T.S. Eliot famously said the world would end “not with a bang but with a whimper.”
As data breaches dominate news cycle after news cycle – at a seemingly exponential rate – have federal policymakers started to pay attention to the issue?
While many Americans have been Googling the term “currency manipulation” over the last two days, one White House adviser has been enjoying the spoils of victory after a nearly decade-long policy fight.
About a decade ago, House Speaker Nancy Pelosi (D-Calif.) called Washington, D.C. “the city of the perishable.” The speaker was talking about legislation.
Washington Update: Don't Believe the Hype - Democratic Presidential Candidates Aren’t Likely to Implement Most of Their Financial Services Proposals
If you are like most of professional Washington, you spent most of today glued to around-the-clock coverage of Special Counsel Robert Mueller’s testimony before two House committees and are about to start packing for summer vacation. And good news! The Beltway’s summer lull will be longer than usual this year.