SPECIAL REPORT: Herz Exit as FASB Chair Raises Possibility of Delays In Finishing IASB Convergence, Instruments Project

NORWALK, Conn.—The surprise announcement by Robert Herz Aug. 24 that he will soon step away from the helm of the Financial Accounting Standards Board has led to questions about whether FASB will experience a delay in its…

Downsizing of Financial Institutions Predicted by Bernanke, Bair in Wake of Dodd-Frank Act Reforms

Some financial institutions will be smaller and simpler in the new environment produced by the Wall Street Reform and Consumer Protection Act, two top federal bank regulators Sept. 2 told the Financial Crisis Inquiry Commission.

Senate Appropriations Committee Measure Will Target EPA Authority over Greenhouse Gases

WASHINGTON, D.C.—The Environmental Protection Agency’s authority to regulate greenhouse gas emissions will face a new attack this week when the Senate Appropriations Committee marks up the…