Policy

Regulators Begin Volcker Rule Overhaul

The OCC and the FDIC approved an interagency overhaul of the law that governs the relationships banks can have with private equity firms.

No Summer Break for Labor Department

The DOL delivered a new rule to the White House, lawmakers proposed new regulations for franchisers, and leadership shakeups risk stalling new regulations.

Global Risks Prompt Fed Rate Cut

The Federal Reserve's policymaking body agreed Wednesday to lower interest rates for the first time since the financial crisis amid rising global risks.

Middle-Market Public Policy Roundup

Democrats take aim at private equity, President Donald Trump announces his pick for DOL secretary, and Congress looks forward to its summer recess.

Private Equity Creates Jobs in Districts of Key Legislators

While private equity continues to recieve negative attention in Washington, new data suggests it contributes to higher rates of sustained job growth than the broader business community nationwide.