Barack Obama, Financial Regulation | featured news

Some business groups, upset about budget and regulatory policies they say are costing jobs, are accusing President Barack Obama of pursuing an agenda that is hurting the U.S. economic recovery.

President Barack Obama scolded Wall Street on Thursday for its "furious efforts" to fight tighter regulation, saying the United States was doomed to another financial crisis if reforms were not implemented

The U.S. is destined to endure a new economic crisis that sticks taxpayers with the bill unless Congress tightens oversight of ...

President Obama's top economic adviser said Sunday he believes Congress will pass new oversight rules for the financial industry. Lawrence Summers also said putting even more Americans back to work is a White House "preoccupation."

The president's proposal, which includes curtailing high-risk securities trading by commercial banks, would curb practices that at some firms account for 25% of earnings.

Stocks retreated Friday for a third straight day on fresh concerns about President Barack Obama's proposed restrictions on banks....

The president will throw his weight behind a stronger approach to financial regulation, limiting the size of the largest banks and their risk-taking activities.

The House of Representatives was expected to approve the biggest changes in financial regulation since the Great Depression on Friday, marking a win for the Obama administration.