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By Laura Litvan |
May 20, 2013
Apple Inc. CEO Tim Cook will face off against U.S. senators leveling accusations that the iPhone maker is avoiding paying billions of dollars in U.S. taxes.
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By Richard Rubin, Bloomberg |
April 22, 2013
A U.S. Senate bill that would let states impose sales taxes on purchases from out-of-state sellers could lead to state-level financial transaction taxes, a Wall Street trade association said.
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By Steve Walsh, Bloomberg |
April 18, 2013
The Senate Energy and Natural Resources Committee approved the nomination of Ernest Moniz as secretary of the Energy Department, setting up a confirmation vote by the full Senate.
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By Mary Childs and Elizabeth Dexheimer, Bloomberg |
March 18, 2013
Bruno Iksil, the JPMorgan Chase & Co. trader known as the London Whale, had an e-mail sent to about 20 colleagues last year estimating almost double the daily losses his book had shown thus far. Then the phone rang.
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By Dave Michaels |
March 16, 2013
Senate probe provided 900 pages of evidence that could help the SEC make the case that JPMorgan executives broke the law.
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By Cheyenne Hopkins |
March 14, 2013
JPMorgan Chase & Co. engaged in high-risk proprietary trading under the guise of ordinary hedging, said Senate investigators.
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By Kasia Klimasinska |
February 27, 2013
Former White House Chief of Staff Jacob J. Lew won Senate confirmation to become U.S. Treasury secretary.
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By Dawn Kopecki and Cheyenne Hopkins |
February 3, 2013
The Office of the Comptroller of the Currency reportedly told lawmakers it missed changes to JPMorgan's risk-tracking system that might have flagged bad bets sooner.
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By Cheyenne Hopkins |
January 17, 2013
JPMorgan Chase and a U.S. regulator reportedly will face criticism for lax oversight in a report by Senate investigators on the bank’s $6.2 billion trading loss.
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By Cheyenne Hopkins and Kathleen Hunter, Bloomberg |
December 4, 2012
U.S. Senator-elect Elizabeth Warren, the Harvard University law professor and critic of Wall Street, is poised to join the Senate Banking Committee after she’s sworn into office in January.