Financial industry regulation

September 04, 2018 - 3:18 am
THE HAGUE, Netherlands (AP) — Dutch bank ING has paid 775 million euros ($897 million) to settle a huge money laundering case in the Netherlands, prosecutors said Tuesday. The country's financial prosecution service said in a statement that ING for years failed to adequately implement a law aimed...
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FILE - In this Oct. 9, 2017 file photo, Cazadero firefighter struggles to protect a home from catching fire in Coffey Park, in Santa Rosa, Calif. Utility workers won protections for their jobs, salaries, benefits and pensions as part of a measure allowing California power companies to raise electric bills to cover the cost of lawsuits from last year's deadly wildfires. The measure is scheduled for votes in the Senate and Assembly Friday night, Aug. 31, 2018, following months of contentious negotiations. (Kent Porter/The Press Democrat via AP, File)
August 31, 2018 - 11:44 pm
SACRAMENTO, Calif. (AP) — The California Legislature voted Friday to allow power companies to raise electric bills to cover the cost of lawsuits from last year's deadly wildfires amid fears that Pacific Gas & Electric Co., would otherwise face financial ruin. The measure is part of a wide-...
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August 23, 2018 - 7:16 am
WASHINGTON (AP) — Republican lawmakers are calling for Iran to be expelled from the main financial system that oversees international bank transfers, as the Trump administration steadily re-imposes sanctions on the country following the U.S. withdrawal from the Iran nuclear deal. A group of 16 GOP...
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August 21, 2018 - 8:00 am
WASHINGTON (AP) — Sen. Elizabeth Warren wants a lifetime ban on members of Congress from getting hired as lobbyists after they leave public office. She also wants to prohibit lawmakers from owning or trading individual stocks while in office. Warren pitched the ideas as part of an anti-corruption...
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FILE- In this Aug. 9, 2018, file photo a wildfire burns near homes in the Cleveland National Forest in Lake Elsinore, Calif. California homeowners may find themselves facing insurance issues even if they were not directly hit by this year’s blazes. The California Department of Insurance warned in January that the increasing number and severity of wildfires in the state were making it more difficult for homeowners to find and hold on to insurance. And now they say that recent massive fires may make the problem more acute. (AP Photo/Ringo H.W. Chiu, File)
August 13, 2018 - 7:04 am
California homeowners may find themselves facing insurance headaches even if their houses weren't affected by this year's blazes. The California Department of Insurance had already warned this year that the increasing number and severity of wildfires were making it harder for homeowners in the...
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Republican U.S. Rep. Christopher Collins, center, leaves federal court, Wednesday, Aug. 8, 2018, in New York. Rep. Collins of western New York state has been indicted on charges that he used inside information about a biotechnology company to make illicit stock trades (AP Photo/Mary Altaffer)
August 09, 2018 - 3:16 pm
WASHINGTON (AP) — The indictment of Rep. Chris Collins on insider trading charges is drawing new attention to the freedom members of Congress have to serve on corporate boards or to buy and sell stock in industries they're responsible for overseeing. Collins, a New York Republican, has denied any...
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FILE - In this Jan. 30, 2018, file photo, Sen. Dean Heller, R-Nev., asks a question during a Senate Banking Committee hearing on Capitol Hill in Washington. Heller, considered the most vulnerable GOP senator seeking another term this year, opposed measures to dismantle President Barack Obama's signature law before backing other versions that failed. (AP Photo/Susan Walsh, File)
August 02, 2018 - 11:55 am
LAS VEGAS (AP) — Nevada Republican Sen. Dean Heller's sliding positions last year on a long-held GOP promise to repeal Obamacare are providing plenty of fodder for Democrats and activists hoping to stymie his re-election. Heller, considered the most vulnerable incumbent GOP senator, opposed...
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FILE - In this June 1, 2017, file photo, a sign stands on the campus of the Aetna headquarters, in Hartford, Conn. Aetna Inc. (AET) on Thursday, Aug. 2, 2018, reported second-quarter earnings of $1.21 billion. (AP Photo/Bill Sikes, File)
August 02, 2018 - 6:41 am
Aetna easily topped second-quarter earnings expectations as another drop in benefit expenses and lower taxes helped the nation's third-largest health insurer. Net income inched up less than 1 percent to $1.21 billion, while earnings adjusted for non-recurring gains totaled $3.43 per share, the...
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The HealthCare.gov website main page. The Trump administration is clearing the way for insurers to sell short-term health plans as a bargain alternative to pricey “Obamacare” for consumers struggling with high premiums. But the policies don’t have to cover pre-existing conditions and benefits are limited. It’s not certain if that’s going to translate into broad consumer appeal among people who need an individual policy. (HHS via AP
August 01, 2018 - 12:37 pm
WASHINGTON (AP) — Consumers will have more options to buy cheaper, short-term health insurance under a new Trump administration rule, but there's no guarantee the plans will cover pre-existing conditions or provide benefits like coverage of prescription drugs. Administration officials said...
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August 01, 2018 - 8:49 am
WASHINGTON (AP) — The Latest on Trump administration's short-term health insurance plans. (All times local): 11:30 a.m. The Trump administration's new regulation expanding short-term health insurance plans contains what amounts to a legal life preserver in case a key feature is struck down by a...
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