Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee
#NNPA BlackPress

Waters at Hearing with Megabank CEOs: Megabanks Have Treated Fines as Cost of Doing Business

NNPA NEWSWIRE — WASHINGTON – Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following opening statement at hearing entitled, “Holding Megabanks Accountable: A Review of Global Systemically Important Banks 10 years after the Financial Crisis.” […read more]

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Read below for 10 tough questions Committee Democrats asked the CEOs to answer during the hearing.
#NNPA BlackPress

ICYMI: At Hearing with Megabank CEOs, Committee Democrats Ask Hard-Hitting Questions

NNPA NEWSWIRE — WASHINGTON – Yesterday, at a hearing entitled, “Holding Megabanks Accountable: A Review of Global Systemically Important Banks 10 years after the Financial Crisis,” Committee Democrats asked the Chief Executive Officers (CEOs) of seven of the nation’s largest financial institutions tough questions on behalf of hardworking consumers. […read more]

National

China Prepares to Become the World’s Largest Economy

China Prepares to Become the World’s Largest Economy by George E. Curry NNPA Editor-in-Chief (LAST IN A SERIES) SHANGHAI (NNPA) – In less than 15 years, according to projections by investment banking firm Goldman Sachs and the United States National Intelligence Council, China will overtake Read More

Op-Ed

To Be Equal: National Urban League Launches $70 Million Jobs Rebuild America Initiative

By Marc H. Morial NNPA Columnist “We urge that a comprehensive jobs program be developed and executed by way of a partnership that includes government, the private sector and the nation’s non-profit community.” November 7 National Urban League letter to President Obama, John Boehner and Nancy Read More