Wall Street financier Steve Mnuchin is being considered to serve as Treasury secretary under Donald Trump. Mnuchin assembled investors who bought IndyMac, a failed bank that had been taken over by the FDIC.
Sen. Chris Dodd and Rep. Barney Frank celebrate as their Dodd-Frank banking regulation bill is signed into law in 2010. President-elect Donald Trump has said he is interested in doing away with it.
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Consumer Financial Protection Bureau Director Richard Cordray says financial firms use arbitration to "sidestep the legal system [and] avoid accountability." But industry officials say a proposed ban on mandatory arbitration clauses will lead to frivolous legal action.
A pedestrian walks past the building housing the offices of Mossack Fonseca in Panama City, Panama, on Tuesday. The massive trove of emails, contracts and other papers from the law firm is being called the largest document leak in history.
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President Obama signs the Dodd-Frank financial overhaul bill in Washington on July 21, 2010. Five years later, debate over the effectiveness of the legislation continues.
Pensioners queue outside a national bank branch in Athens on Thursday. Greek banks are running out of cash and the situation poses further danger to the economy, analysts say.
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