Financial industry regulation

Gov. Gavin Newsom speaks at the California Chamber of Commerce's 94th Annual Sacramento Host Breakfast, Thursday, May 23, 2019, in Sacramento, Calif. Newsom said housing and inequality are two of the biggest issues facing state government and California businesses. (AP Photo/Rich Pedroncelli)
May 24, 2019 - 7:16 pm
SACRAMENTO, Calif. (AP) — California lawmakers are headed toward a confrontation with Gov. Gavin Newsom over whether to keep a tax that can generate nearly $2 billion for low-income health benefits but means approval from the Trump administration amid a feud between state and federal officials...
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Michigan Gov. Gretchen Whitmer speaks after touring the Hope Network Neuro Rehabilitation campus Thursday, May 16, 2019, in East Lansing, Mich. The Democrat says she is open to letting drivers opt out of mandatory unlimited medical coverage in their auto insurance policies, but opposes a full opt-out option. (AP Photo/David Eggert)
May 24, 2019 - 4:30 pm
LANSING, Mich. (AP) — Michigan's Legislature on Friday began passing a bill that would cut the country's highest auto insurance premiums by letting drivers forego a one-of-a-kind requirement to buy unlimited medical coverage for crash injuries. The voting followed the announcement of an agreement...
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Stephen Calk, center, leaves Federal court with his attorney Jeremy Margolis, left, Thursday, May 23, 2019, in New York. Calk charged in New York with issuing loans to win a role in President Donald Trump's administration has pleaded not guilty. (AP Photo/Mary Altaffer)
May 23, 2019 - 9:25 pm
NEW YORK (AP) — A banker who prosecutors say tried to buy himself a senior post in President Donald Trump's administration by making risky loans to former Trump campaign chairman Paul Manafort pleaded not guilty Thursday to a financial institution bribery charge as his lawyer said he's done nothing...
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Two people ask to take a photo with House Judiciary Committee Chairman Jerrold Nadler, D-N.Y., center, as the Senate and the House of Representatives shut down for the week-long Memorial Day recess, at the Capitol in Washington, Thursday, May 23, 2019. Rep. Nadler, whose district covers parts of Manhattan and Brooklyn in New York, has gained notoriety by leading one of the House committees investigating President Donald Trump. (AP Photo/J. Scott Applewhite)
May 23, 2019 - 2:49 pm
WASHINGTON (AP) — Plunging ahead despite paralyzing partisanship in the nation's capital, senior lawmakers of both parties Thursday proposed legislation to tackle "surprise medical bills" and other concerns, from prescription drug costs to uneven vaccination rates. The draft bill from Sens. Lamar...
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Oralia Sandoval, center, holds her son Benjamin, 6, as she participates in an Immigrants Day of Action rally, Monday, May 20, 2019, in Sacramento, Calif. Gov. Gavin Newsom has proposed offering government-funded health care benefits to immigrant adults ages 19 to 25 who are living in the country illegally. State Sen. Maria Elena Durazo, D-Los Angeles, has proposed a bill to expand that further to include seniors age 65 and older. (AP Photo/Rich Pedroncelli)
May 20, 2019 - 9:23 pm
SACRAMENTO, Calif. (AP) — Lilian Serrano's mother-in-law had lots of stomach problems, but she always blamed food. Doctors at a San Diego-area clinic suspected Genoveva Angeles might have cancer, but they could not say for sure because they did not have the equipment to test for it and Angeles, who...
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FILE - In this Wednesday, May 1, 2019, file photo, Federal Reserve Board Chair Jerome Powell speaks at a news conference following a two-day meeting of the Federal Open Market Committee, in Washington. Powell says a sharp rise in corporate debt is being closely monitored but currently the Fed does not see the types of threats that triggered the 2008 financial crisis. (AP Photo/Patrick Semansky, File)
May 20, 2019 - 8:47 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Monday that the central bank is closely monitoring a sharp rise in corporate debt but currently does not see the types of threats that triggered the 2008 financial crisis. In remarks to a banking conference in Fernandina Beach, Florida,...
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May 20, 2019 - 8:03 am
WASHINGTON (AP) — President Donald Trump is insisting he didn't borrow from many banks because he "didn't need the money," not because they wouldn't do business with him. Trump's tweets Monday appear to be in response to New York Times reporting that Deutsche Bank anti-money laundering specialists...
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Manchester City's Vincent Kompany lifts the English Premier League trophy after the English Premier League soccer match between Brighton and Manchester City at the AMEX Stadium in Brighton, England, Sunday, May 12, 2019. Manchester City defeated Brighton 4-1 to win the championship. (AP Photo/Frank Augstein)
May 14, 2019 - 10:23 am
Manchester City has not been cooperating with investigators and is facing a one-season ban from the Champions League for violating financial monitoring rules, a person familiar with the case told The Associated Press. City released a statement Tuesday saying the club has provided "comprehensive...
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California Attorney General Xavier Becerra announces a lawsuit against the Trump Administration's new rule affecting home health care workers on Monday, May 13, 2019, in Sacramento, California. California and four other states, Connecticut, Massachusetts, Oregon and Washington want to block a new rule that bans states from using Medicaid dollars to pay third parties on behalf of employees. Becerra said the rule would not let states deduct voluntary union dues from employee paychecks, which would weaken their collective bargaining power. (AP Photo/Adam Beam)
May 13, 2019 - 5:47 pm
SACRAMENTO, Calif. (AP) — Five states have joined forces to try and block a new rule from the Trump administration they say weakens labor unions and their ability to collectively bargain for wages and benefits. California Attorney General Xavier Becerra, a Democrat, announced the lawsuit on Monday...
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FILE - In this Oct. 31, 2018, file photo, the HealthCare.gov website is photographed in Washington. The Trump administration is arguing in court that the entire Affordable Care Act should be struck down as unconstitutional. But at the same time Justice Department lawyers have suggested that federal judges could salvage an important part _ its anti-fraud provisions. (AP Photo/Pablo Martinez Monsivais, File)
May 10, 2019 - 7:05 am
WASHINGTON (AP) — Scrap "Obamacare"? Well, maybe not all of it. The Trump administration is arguing in court that the entire Affordable Care Act should be struck down as unconstitutional. But at the same time, Justice Department lawyers recently suggested that federal judges could salvage its anti-...
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