Thursday, Jun 18th
Last update07:39:37 AM GMT
Christopher Cox, the chairman of the Securities and Exchange Commission and a longtime proponent of deregulation, acknowledged on Friday that the voluntary supervisory program of Wall Street’s largest investment banks had contributed to the global financial crisis and abruptly shut the program down.
The agency’s oversight responsibilities will largely shift to the Federal Reserve.
 Before Sayuri Tsuchitani became an entrepreneur, she spent two decades on her feet: cutting, coloring and... |
| ||
 Soaring gasoline prices, triggered by the U.S. war with Iran, have pushed inflation to its highest... |
 Average US gas prices have hit a new high at $4.23 a gallon, their highest since... |
