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Warren asks DOJ to investigate Bank of America over money laundering violations

Democratic Sen. Elizabeth Warren (D-Mass.) on Thursday urged the Department of Justice (DOJ) to launch a criminal investigation into Bank of America for its violations of anti-money laundering laws. In a letter to Attorney General Todd Blanche, the Massachusetts Democrat called the Treasury Department’s recent $1.21 billion fine of Bank of America a “slap on…

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Warren asks DOJ to investigate Bank of America over money laundering violations

Democratic Sen. Elizabeth Warren (D-Mass.) on Thursday urged the Department of Justice (DOJ) to launch a criminal investigation into Bank of America for its violations of anti-money laundering laws. In a letter to Attorney General Todd Blanche, the Massachusetts Democrat called the Treasury Department’s recent $1.21 billion fine of Bank of America a “slap on…

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In Moving Gradually, Fed Risks Having to Play Catch-Up to Quell Inflation

Federal Reserve officials are expected to restart rate increases in December, but the cadence of additional moves will depend on the data.

© Julia Demaree Nikhinson/Associated Press

Federal Reserve Board Chairman Kevin Warsh speaking on Wednesday.
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Trump Explores Lifting Sanctions on Russia’s Flagship Investment Fund

The move would be the latest U.S. concession to Moscow as President Trump pursues economic incentives he hopes will secure an end to war in Ukraine.

© Ramil Sitdikov/Reuters

Steve Witkoff and Jared Kushner, President Trump’s envoys, with Kirill Dmitriev, the head of the Russian Direct Investment Fund, in Moscow last month.
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White House Halloween party to feature Trump Accounts coloring books, Be Best cards

There will be more than pumpkins and candy at the White House’s Halloween celebration — this year’s fright-filled festivities are also poised to scare up some support for Trump Accounts.  The first lady’s press office announced plans Monday for the annual spooky tradition at 1600 Pennsylvania Ave. President Trump and Melania Trump will hand out…

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