U.S. Senate Committee on Banking, Housing, and Urban Affairs

Two senior U.S. Senate aides were nominated by President Obama to join the Securities and Exchange Commission. Kara M. Stein would replace Elisse B. Walter as a Democratic commissioner and Michael S. Piwowar would succeed Troy A. Paredes as a...

WASHINGTON, May 23 (Reuters) - President Barack Obama nominated two U.S. Senate aides on Thursday to serve as members of the Securities and Exchange Commission, the White House said in a statement. Kara Stein, who works for Democratic Senator Jack Reed...

WASHINGTON (Reuters) - Treasury Secretary Jack Lew said on Tuesday that Internal Revenue Service employees acted alone in making public the agency's handling of tax exemptions for Tea Party groups and that he would have advised against it. Details of the...

WASHINGTON (AP) — Treasury Secretary Jacob Lew says the Internal Revenue Service's targeting of conservative political groups was "unacceptable and inexcusable" and he has directed the agency's acting director to hold people accountable. Lew told...

By Sarah N. Lynch and Douwe Miedema WASHINGTON, May 21 (Reuters) - The chairman of the U.S. derivatives regulator made a questionable call when he chose to distance himself from probing the demise of futures broker MF Global, the agency's internal...

Re "Warren upends bankers, tradition," May 11 As the newest member of the Senate Banking Committee, Sen. Elizabeth Warren (D-Mass.) is a breath of fresh air. Finally, there's a voice in Washington for the people and a staunch advocate for consumers....

By Sarah N. Lynch WASHINGTON, May 14 (Reuters) - A U.S. senator who has criticized Wall Street is asking federal regulators and law enforcement officials whether they have the economic analysis to back up their routine practice of letting big banks...

WASHINGTON (Reuters) - An outspoken freshman senator with a record of taking on Wall Street wants financial regulators and federal prosecutors to provide an economic justification for allowing big banks to settle investigations without admitting any...

By Sarah N. Lynch WASHINGTON, May 13 (Reuters) - High-frequency trading firms increased their campaign contributions to federal lawmakers by 673 percent from the 2008 to the 2012 election cycle, according to a report that sheds light on their political...

WASHINGTON — Sen. Elizabeth Warren, the newest member of the Senate Banking Committee, waited patiently for her first chance to question top financial regulators at a recent hearing on Capitol Hill. When her turn finally came after 90 minutes,...

By Doug Palmer WASHINGTON, May 7 (Reuters) - Senate Banking Committee Chairman Tim Johnson on Tuesday warned the U.S. Export-Import Bank could be forced to stop operations in two months unless the Senate quickly approves the nomination of Fred Hochberg...

WASHINGTON — Republicans have stepped up their pressure to limit the wide-ranging powers of the nation's watchdog over consumers' money matters. The head of a key House committee overseeing the Consumer Financial Protection Bureau said he would no...