United States federal banking legislation

Yellen: Financial rules have made economy stronger; changes should be 'modest'

Reforms put in place after the 2007 to 2009 crisis have strengthened the financial system without impeding economic growth, and any future changes should remain modest, Federal Reserve Chair Janet Yellen said on Aug. 25 in her fullest defense yet of the rules put in place after the Great Recession.

Greece Starts Talks on New Bailout Package with Creditors

Discussions on a third bailout package have started in Athens between Greek authorities and representatives of Greece's international creditors, the European Commission announced on Monday.

A Greek government spokeswoman, however, said that high-level talks would not begin until later this week, according to the BBC.

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