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.



The Trump administration will resume garnishing wages from student loan borrowers in default in early 2026,...
The job market continues to show signs of cooling.U.S. employers added just 64,000 jobs in November,...
US prices rose 2.7% in the year to November, according to federal data released a day...





























