"Private equity kind of always gets what it wants in Congress, but I think it's a bad idea. It's illiquid, the fees are very high. Private equity funds, for the most part, don't beat the stock market."
"This scandal is obviously a matter of great public interest - hundreds of thousands of people have been directly impacted by it, many having lost life-changing amounts of money."
Judge Sean Jordan's ruling upheld the inclusion of medical debt on credit reports, thereby reversing a bipartisan effort to alleviate financial pressure from healthcare costs, affecting one-third of Americans.
If the ringfencing regime for banks were to be scrapped, we really would be entering a new era or going back to an old one, since the separation of banks' retail and investment banking activities was the single biggest regulatory change introduced after the 2008-09 crash to try to prevent another blow-up.
All 22 banks tested this year would have remained solvent and above the minimum thresholds to continue to operate, despite absorbing roughly $550 billion in theoretical losses.