Robert Schmidt

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Elizabeth Warren Labels Dimon 'Star Of The Overdraft Show'

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The senator called the JPMorgan CEO's claim that his bank took care of customers during the pandemic a "bunch of baloney."

Bank CEOs Blistered By Senate's Brown To Do More For Public

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Sen. Sherrod Brown argued during a Senate committee hearing today that the industry is focused on short-term profits.

Bitcoin Traders In U.S. Lack Investor Protections, Gensler Says

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U.S. investors lack protections when they trade bitcoin on cryptocurrency exchanges, said the SEC's Gary Gensler.

Yellen Signals Scrutinizing Hedge Funds A Renewed FSOC Focus

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Her comments come shortly after the blowup of Archegos Capital Management.

Goldman Fraud Claim Case Will Test Supreme Court Shaped By Trump

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Investor advocates say they're nervous ahead of the Supreme Court clash over shareholder lawsuits.

Wall Street Set To Learn How Tough Biden’s Watchdogs Will Be

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Gary Gensler and Rohit Chopra will likely win confirmation to head the SEC and Consumer Financial Protection Bureau, respectively.

Robinhood, Citadel Spar With Lawmakers Over Retail Trading

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Many lawmakers seemed to not understand markets, investing or the technology behind the platforms.

Mnuchin Joins Speech Circuit At $250,000 For Live Address

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Mnuchin, whose estimated net worth is over $300 million, said he does not expect to embark on a speaking tour.

Biden's Wall Street Watchdogs Signal New Era Of Tough Oversight

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The rule-cutting and lax enforcement of the Trump years appear to be over.

Wall Street Fumes At 11th-Hour Rule From Trump Bank Watchdog

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The rule would force banks to lend to gun manufacturers, oil drillers and other controversial industries that some have refused to do business with.

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