Chris Arnold

Chris Arnold appears in the following:

The Soaring Stock Market And Your Nest Egg

Friday, March 03, 2017

Stocks continue to be on an absolute tear lately, with the Dow topping 21,000. Investors wonder if the bulls will keep running. Experts offer tips on what to keep in mind and whose advice to trust.


Trump Moving To Delay Rule That Protects Workers From Bad Financial Advice

Friday, February 17, 2017

A lobbying battle is being waged over a rule requiring financial advisers to act in their clients' best interest in retirement planning. It pits financial firms against consumer and retiree groups.


Financial Industry Groups Fear Trump Will Block Investor Protection Rule

Thursday, February 02, 2017

The financial services industry is hopeful that President Trump will move to delay and perhaps overturn an investor protection rule put in place by the Obama administration. The rule requires that financial advisers act in their clients best interest when it comes to their retirement accounts. It has been widely supported by consumer groups, unions and financial watchdogs. The financial industry lobbied against the rule saying it would have unintended consequences and created too much paperwork to make it worth it for advisers to work with small clients.


One Of Trump's First Orders Means Home Loan Fees Won't Go Down

Friday, January 27, 2017

Had it gone into effect, the fee cut would have reduced the cost of borrowing for about 1 million Americans a year who buy or refinance houses with loans backed by the Federal Housing Administration.


Dow Jones Closes Above 20,000 Points For First Time Ever

Wednesday, January 25, 2017

The Dow Jones Industrial Average on Wednesday closed above 20,000 for the first time ever. The stock market has been on an tear since the election of Donald Trump.


President Trump To Cut Regulations By '75 Percent' — How Real Is That?

Tuesday, January 24, 2017

The president greeted business leaders on his first full weekday in office by promising to eliminate three-fourths of federal regulations. Easier said than done. Much easier.


Ex-Democrat Wilbur Ross Makes Some Republicans Nervous At Confirmation Hearing

Wednesday, January 18, 2017

The Commerce Secretary nominee signaled that the Trump administration would respond aggressively to trade violations, but several GOP senators worried that such confrontations could harm the economy.


A Closer Look At Trump's Pick To Head The Commerce Department

Wednesday, January 18, 2017

Billionaire Wilbur Ross will testify in front of a Senate committee on Wednesday. Democrats have criticized him as one of the Wall Street elites that Trump is packing into his administration.


Consumer Financial Protection Bureau Report Outlines Abuses By Debt Collectors

Thursday, January 12, 2017

The Consumer Financial Protection Bureau on Thursday is releasing a new report about abuses in the debt collection industry. This comes as the CFPB is crafting new rules to crack down on those practices.


Can An SEC Nominee With Ties To Goldman Regulate Wall Street Impartially?

Thursday, January 05, 2017

Donald Trump has nominated Jay Clayton, a Wall Street lawyer, to head the Securities and Exchange Commission. Critics say it's another example of Trump packing his Cabinet with Wall Street insiders.


For Whistleblowers, Repercussions Are Felt Beyond Wells Fargo

Friday, December 30, 2016

Former workers at Wells Fargo who resisted pressure to push banking products on customers who didn't want them say the bank retaliated against them by docking their permanent record, sabotaging future job prospects.


DOJ's Big Bank Settlements Remove Potential Conflict Of Interest For Trump

Friday, December 23, 2016

Regulators reached a $7.2 billion deal with Deutsche Bank over toxic mortgage securities. President-elect Donald Trump owes the bank hundreds of millions. Credit Suisse agreed to pay $5.3 billion.


Wilbur Ross: The Best Commerce Secretary Pick Dems Could Hope For?

Wednesday, December 14, 2016

He's a billionaire respected by organized labor and Trump's pick for secretary of commerce. But Wilbur Ross Jr. still has left-wing critics who see him as a vulture capitalist.


Postelection Stock Market Rise Shocks Prominent Economists

Wednesday, November 30, 2016

Before the election, two prominent economists were predicting that the stock market would fall 12 percent lower if Trump won versus Clinton. But, as it often does, the market surprised everybody and went in the other direction.


Federal Reserve Chair Throws Cold Water On Trump's Economic Plan

Thursday, November 17, 2016

Janet Yellen warned Congress Thursday the timing might not be right for infrastructure spending and questioned Donald Trump's assertions that the Dodd-Frank stock market rules stifle economic growth.


America's 'Forgotten' Hear Trump's Economic Battle Cry, But Will He Deliver?

Wednesday, November 16, 2016

We're about to find out whether Donald Trump governs as a populist champion or as a more traditional Republican when it comes to the economy — or a new mix of both.


In Economy As In Business, Trumponomics May Mean Building Big Things

Wednesday, November 09, 2016

In his acceptance speech, Trump pledges investments for U.S. infrastructure, adding a little specificity to his vague campaign promises. Skittish business leaders will watch who he puts on his team.


Senators Investigate Reports Wells Fargo Punished Workers

Friday, November 04, 2016

Elizabeth Warren and two other senators are asking the bank about reports of retribution against would-be whistleblowers. The senators cite NPR reports about workers who were fired or pushed to quit.


Financial Markets Get The Jitters Ahead Of Election Day

Thursday, November 03, 2016

With less than a week to go to voting day for the presidential election, and the race between Donald Trump and Hillary Clinton tightening, financial markets are starting to get the jitters. With the election almost upon us, the stock market is paying close attention — and that's unusual. Markets don't usually move too much based on who wins the presidency. But this time around it's a different story, and as Donald Trump's prospects have improved, stocks have been falling.


Workers Say Wells Fargo Unfairly Scarred Their Careers

Friday, October 21, 2016

In the ongoing scandal engulfing Wells Fargo, the bank says it fired wrongdoers. But some workers say they were trying to blow the whistle and Wells Fargo fired them.