WASHINGTON
A bipartisan bill that would allow the electronic delivery of documents to investors as the default option has been reintroduced in the House.
Two lawmakers introduced a bipartisan bill to make the Federal Reserve's inspector general presidentially appointed and Senate-confirmed.
Treasury Secretary Janet Yellen told lawmakers the U.S. banking system is "sound," following government action after recent bank failures.
The Securities and Exchange Commission approved a host of rule proposals aimed at bolstering cybersecurity procedures and policies for financial firms.
SEC Commissioner Mark T. Uyeda expressed concern about overwhelming the SEC's regulated entities with several upcoming compliance deadlines.
Retirement and investment industry leaders said a new SEC rule proposal implementing "swing pricing" would harm retirement savers.
Regulators recently finalized rules to simplify the Form 5500 process for plan sponsors, but also signaled that bigger changes are coming.
President Joe Biden unveiled his proposed fiscal year 2024 budget that includes measures to quadruple the tax on stock buybacks and close the "carried interest loophole."
President Joe Biden announced that he will nominate Julie Su as the next labor secretary, replacing Marty Walsh.
Labor Secretary Marty Walsh will depart in mid-March to be executive director of the NHL Players' Association.
