Compromise legislation proposed by the Obama administration and Rep. Barney Frank, D-Mass., would give federal banking regulators broad authority to regulate large, troubled insurers as well as resolve them, as necessary.
The Federal Reserve Board said last week that it has authorized a transaction to provide American International Group with an additional $37.8 billion on top of the $85 billion line of credit already
WASHINGTON--There is "no compelling evidence" that the use of credit scoring discriminates against minorities, the Federal Reserve Board says in a new report cited by insurers as further evidence their