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The Trump administrations proposed $12 billion initiative to reduce future flood damage met with skepticism in Congress.

The U.S. freed the New York-based insurer from enhanced regulation, removing the scarlet letter it wore since the 2008 financial crisis.

The U.S. freed the New York-based insurer from enhanced regulation, removing the scarlet letter it wore since the 2008 financial crisis.

It wouldnt take Irmas killer gusts or Houstons torrential 50 inches of rain to create a wall of water swamping 500 miles of New York City coastline.

President Donald Trumps emergency management director said hes pushing for an overhaul of disaster relief so that states, cities and homeowners bear more of the costs.

Tuesdays order revokes a previous one that Obama signed in January 2015, requiring federal agencies to account for future flood risk when spending money on infrastructure projects.

The Trump administration is moving to further delay part of an Obama-era rule to require brokers who offer retirement advice to put their customers interests ahead of their own.

The Trump administration is moving to further delay part of an Obama-era rule to require brokers who offer retirement advice to put their customers interests ahead of their own.