The Treasury Department on Thursday is expected to order seven companies that have not paid back last year’s U.S. government bailouts to halve their top executives’ average compensation.

The U.S. Senate is considering a $4 billion per year tax on manufacturers of medical devices and diagnostic products that would have serious implications for the future of medical innovation in America and for the national economy. While the health care debate has focused on important issues such as public plan versus private plan and individual mandates, the tax on medical devices should be of equal concern


 
 The House Financial Services Committee voted Thursday to create a federal agency devoted to protecting U.S. consumers from predatory lending, abusive overdraft fees and unfair rate hikes. Democrats are hailing the 39-29 vote as a win for the average American


 
 The House Financial Services Committee voted Thursday to create a federal agency devoted to protecting U.S. consumers from predatory lending, abusive overdraft fees and unfair rate hikes. Democrats are hailing the 39-29 vote as a win for the average American.

If I gave you $100,000 today how would you spend it? Before you continue to read, I want you to take a moment and think hard about this question. How would you put that money to work?

LOUISVILLE, Ky. — KFC has cooked up another free offer to promote its grilled chicken, only this time, it promises, without the unwanted side of rainchecks.

The directors of the Federal Reserve regional banks are selected by the very banks that the Fed is supposed to regulate. It’s a bizarre entanglement of interests that helps explain the poor state of regulatory affairs on Wall Street. And it’s something that Richard Shelby — the highest-ranking Republican on the Senate Banking Committee — wants to change.