Emily Flitter
Posts
Biden’s O.C.C. pick declares her support for capitalism and community banks.
Saule Omarova, a Cornell Law School professor, faces an unusually strident campaign against her nomination.
JPMorgan says Tesla owes it $162 million because of an Elon Musk tweet.
The 2018 tweet, in which Mr. Musk claimed he had secured funding to take Tesla private, initially sent the automaker’s shares soaring. But they sank...
Banks Tried to Kill Crypto and Failed. Now They’re Embracing It (Slowly).
Digital payments technology is forcing the financial system to evolve. Banks feel their power waning and want to regain control.
JPay, a prison contractor, was fined over fees it charged to former prisoners.
Since 2011, more than 500,000 of the 1.2 million people who received prepaid cards from JPay were forced to pay fees to retrieve their money,...
Bill Gates Was Warned Over ‘Inappropriate’ Emails at Microsoft
Mr. Gates, who at the time was Microsoft’s chairman, had asked a female employee out on a date, a Microsoft spokesman said.
Bank Groups Unite Against Biden’s Pick for Key Regulatory Post
Trade groups that normally compete with one another are in lock step over President Biden’s choice to lead the Office of the Comptroller of the...
Biden’s Pick for Bank Regulator Worries Banks Are Getting Too Powerful
Saule Omarova, a Cornell law professor, has advocated a more equal share of power and success between taxpayers and big banks.
Elizabeth Warren Asks the Fed to Break Up Wells Fargo
She wants the Federal Reserve to revoke a key operating license and force a split between Wells Fargo’s banking and Wall Street businesses.
The World’s Biggest Crypto Exchange Still Lacks U.S. Footing
The founder of Binance, Changpeng Zhao, needs investors for its U.S. unit after a recent venture capital deal fell through — a setback that cost...
Gold Star Families Accuse Major Banks of Aiding Terrorists
A new lawsuit says the banks, including Deutsche Bank and Standard Chartered, ignored warnings that their customers were helping to finance attackers targeting Americans in...