Financial industry regulation

FILE - This March 28, 2018, file photo shows a Facebook logo at the company's headquarters in Menlo Park, Calif. Facebook’s ambitious plan to create a new financial system based on a digital currency faces questions from lawmakers, as it’s shadowed by negative comments from President Donald Trump, his Treasury secretary and the head of the Federal Reserve. (AP Photo/Marcio Jose Sanchez, File)
July 16, 2019 - 9:32 am
WASHINGTON (AP) — Facebook's ambitious plan to create a financial eco-system based on a digital currency faces questions from lawmakers, as it's shadowed by negative comments from President Donald Trump, his treasury secretary and the head of the Federal Reserve. Congress begins two days of...
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Former Vice President and Democratic presidential candidate Joe Biden speaks during a presidential candidates forum sponsored by AARP and The Des Moines Register, Monday, July 15, 2019, in Des Moines, Iowa. (AP Photo/Charlie Neibergall)
July 16, 2019 - 2:23 am
DES MOINES, Iowa (AP) — Joe Biden is taking an aggressive approach to defending the Affordable Care Act, challenging not just President Donald Trump but also some of his rivals for the Democratic presidential nomination who want to replace the current insurance system with a fully government-run...
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Treasury Secretary Steve Mnuchin speaks during a news briefing at the White House, in Washington, Monday, July 15, 2019. (AP Photo/Carolyn Kaster)
July 15, 2019 - 6:23 pm
WASHINGTON (AP) — The Trump administration came out strongly Monday against Facebook's ambitious plan to create a new digital currency, as the Treasury chief warned it could be used for illicit activity such as money laundering, human trafficking and financing terrorism. Treasury Secretary Steven...
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Former Vice President and Democratic presidential candidate Joe Biden, speaks at a campaign stop, Saturday, July 13, 2019, in Londonderry, N.H. (AP Photo/Robert F. Bukaty)
July 14, 2019 - 7:58 pm
Joe Biden is taking an aggressive approach to defending Obamacare, challenging not just President Donald Trump but also some of his rivals for the Democratic presidential nomination who want to replace the current insurance system with a fully government-run model. The former vice president will...
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People wait in line to enter the 5th Circuit Court of Appeals to sit in overflow rooms to hear arguments in New Orleans, Tuesday, July 9, 2019. The appeals court will hear arguments today on whether Congress effectively invalidated former President Barack Obama's entire signature health care law when it zeroed out the tax imposed on those who chose not to buy insurance. A Texas judge in December ruled it was invalid, setting off an appeal by states who support the law. (AP Photo/Gerald Herbert)
July 09, 2019 - 8:02 pm
NEW ORLEANS (AP) — With health insurance availability, cost and coverage on the line for millions of Americans, a federal appeals court seemed inclined Tuesday to rule that the core provision of President Barack Obama's signature health care law is unconstitutional. Two Republican-appointed judges...
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In this Monday, July 8, 2019 photo, Jiggy Athilingam poses for photos at her home in Richmond, Calif. Athilingam, who was hit from behind by a car while riding a bicycle in San Francisco five years ago, had two forms of health insurance and assumed it would pay for most of her bills. But because she was treated at a hospital that was outside of her health insurance company's network, she got hit with a surprise bill - a common story in the country's complex health care system. (AP Photo/Jeff Chiu)
July 09, 2019 - 3:12 pm
SACRAMENTO, Calif. (AP) — Jiggy Athilingam was riding a bicycle in San Francisco five years ago when suddenly she was on a bed in the hallway of a hospital. "What happened?" she asked. A cracked helmet told the story of her memory loss: She had been hit from behind by a car. She spent 22 hours in a...
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June 25, 2019 - 6:21 am
BEIJING (AP) — China has criticized Washington's efforts to enforce U.S. law abroad following a news report three Chinese banks might be penalized over dealings with North Korea. The banks named by The Washington Post as facing possible loss of access to the U.S. financial system denied Tuesday...
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FILE - This March 28, 2018, file photo shows a Facebook logo at the company's headquarters in Menlo Park, Calif. Facebook’s plan to create a digital currency used across the world is already raising concern with financial regulators and privacy experts. (AP Photo/Marcio Jose Sanchez, File)
June 19, 2019 - 8:40 pm
SAN FRANCISCO (AP) — Facebook is getting a taste of the regulatory pushback it will face as it creates a new digital currency with corporate partners. Just hours after the social media giant unveiled early plans for the Libra cryptocurrency, French Finance Minister Bruno Le Maire insisted that only...
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June 13, 2019 - 6:36 pm
WASHINGTON (AP) — The Trump administration is expanding options for employers to use special accounts to help workers buy their own health insurance, upgrade job-based coverage, or choose low-cost plans with limited benefits, officials said Thursday. The tax-free individual accounts are called "...
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FILE - In this May 9, 2019, file photo, California Gov. Gavin Newsom gestures towards a chart with proposed funding to deal with the state's homelessness as he discusses his revised state budget during a news conference in Sacramento, Calif. California lawmakers are scheduled to vote Thursday, June 13, 2019, on a $214.8 billion operating budget, sending the plan to Gov. Gavin Newsom's desk with a focus on expanding access to health insurance while spending billions of new money on homelessness and housing. (AP Photo/Rich Pedroncelli, File)
June 13, 2019 - 4:01 pm
SACRAMENTO, Calif. (AP) — The California Assembly on Thursday approved a $214.8 billion state budget that would spend more on health care and education, bolster the state's top firefighting agency following devastating wildfire seasons, and boost state reserves. "We know that at some point soon a...
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