Empower Requests Labor Dept. to Withdraw Revision of ERISA Fiduciary
Empower formally requests the withdrawal of the department's latest proposal that seeks to revise the definition of an ERISA fiduciary.
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US House Judiciary Committee Advances Probe Into ESG Funds
House Judiciary Chair Jim Jordan extended probe to Vanguard another significant asset management firm which also includes BlackRock and State Street.
The Business Issues That Got Pushed Aside During Washington’s Year of Dysfunction
As Washington begins to empty out this week, Congress is set to leave a remarkably long menu of business world items on the table.
SEC Adopts New Rules for Competitive Trading and Efficiency
On December 13th, the Securities and Exchange Commission (SEC) made a significant move to enhance the stability of the $26 trillion Treasury market.
Powell May Hope for Replay of Fed Circa 1995 Even as He Shuns "Victory"
As victory celebrations go, the Federal Reserve's announcement of a quarter point interest rate cut in July of 1995 was hardly ostentatious.
Sharp Fed Liquidity Drain Hints at Early End for Balance Sheet Runoff
A key threshold markets link with an end to the Federal Reserve’s wind-down of its asset holdings could be hit sooner than expected.
Closing the $688 Billion Tax Gap Won't Help Solve the US Debt Problem
The IRS is promising its focus on increased tax compliance will help with the nation’s debt problem.
