Federal Reserve Vice Chairman for Supervision Randal Quarles spoke to Congress about regulatory issues currently facing the financial system.
In its first-ever Financial Stability Report issued late last month, the Federal Reserve warned of risks facing the economy, including corporate debt.
The IRS is proposing new rules to the 2017 Tax Cuts and Jobs Act, which would limit the amount business can deduct from interest expenses.
The SEC released its annual report, which focused on the agency's efforts to protect "Main Street" investors from bad actors and fraudulent conduct.
The SEC issued an enforcement action against an investment advisor for misrepresenting due diligence procedures in communications with clients.