We're not suggesting that everyone who gives retirement investment advice is taking advantage of their clients, since many advisers do act in their client's best interest. But, because the law does not require them to do so, far too many do not. That's why the President's recent action is so important.
No one should be surprised that the American people are economically insecure and anxious. Seven in 10 voters said the nation's economy is in bad shape. Voters who said the economy was important to them voted 2 to 1 for Republicans.
The problem is that Wall Street's biggest banks don't want to have to go into bankruptcy if they fail. They want U.S. taxpayers to bail them out like what happened in 2008-2009. They want to keep their jobs, bonuses and reckless gambling.
Word swept across Washington from Capitol Hill to K Street and the administration — and the response wasn’t positive “AIG
Sitting in a corner office high above K Street here, Dennis M. Kelleher, one of the most powerful lobbyists on financial
UPDATE: OMB did not immediately return a request for comment. If the Office of Management and Budget were to take O'Malia