National Regulators target fees for consumers who are denied a purchase for insufficient funds It's the latest salvo in the government's campaign against so-called "junk fees," which President Biden said last year harm "working folks" and drive up costs for consumers. Joe Hernandez
Cash is still king in unincorporated King County Cash is here to stay in unincorporated King County after the council voted 5-4 on Tuesday to require businesses like restaurants and retailers to accept payments in cash up to $200. David Hyde
JPMorgan Chase buys troubled First Republic Bank after U.S. government takeover JPMorgan Chase is buying First Republic Bank's deposits, and a "substantial amount of their assets and certain liabilities," after the troubled bank was placed in the FDIC's receivership overnight. David Gura
Silicon Valley Bank collapse: what the heck happened? Friday’s collapse of Silicon Valley Bank is the second largest bank failure in United States history, right behind Seattle’s own Washington Mutual in 2008. Libby Denkmann Jason Burrows
Goldman Sachs CEO sees recession risk as more likely than his own economists Landing a job at Goldman Sachs is a golden ticket. It's harder to get hired by Goldman than to get into Harvard. CEO David Solomon says 3,500 workers start this week. He wants them all in the office. David Gura
Saule Omarova gets candid: Banks sank her nomination to become a key regulator Days after withdrawing her nomination to become a key banking regulator, Omarova blames banks for distorting her research and creating an ugly environment. David Gura
Wall Street Is Paying Over $100,000 To Junior Bankers. For Many, That's Not Enough Wall Street has a big problem on its hands: Many of the young people it needs to fill its talent pool are having doubts about working in the industry. David Gura
National Trump Regulator's Rule Would Force Banks To Lend To Gun-Makers And Oil Drillers The Trump administration is trying to force banks to make loans to gun-makers and to finance payday lenders. Critics call the move bizarre. It's opposed by watchdog groups and banks. Chris Arnold
Who is Paige Thompson, the Seattle woman accused of hacking Capital One? On Monday, federal investigators raided a small house on Beacon Hill and arrested a 33-year-old woman named Paige A. Thompson. Isolde Raftery
