Hedge Fund News
Senate Confirmation Hearings Continued Today for Treasury and Energy Secretary Nominees
The Trump administration has received criticism for the lack of diversity in its cabinet picks.
Ex-Portfolio Manager Convicted of Securities Fraud Charges
A former portfolio manager at an asset management firm has been convicted of securities and wire fraud charges by a New York jury
Treasury Pick Defends Foreclosure Actions, Asset Disclosure
Steven Mnuchin, President-elect Donald Trump's pick as Treasury secretary, clashed with Democrats during a lengthy confirmation hearing Thursday over Mnuchin's handling of thousands of mortgage foreclosures
Former CP CEO Teaming With Investor to Target CSX Railroad
The executive who led the turnaround of Canadian Pacific railroad over the past five years is teaming with an activist investor to target CSX railroad
Trump's Treasury Secretary Pick Steven Mnuchin Says Tax Laws Have to Be 'Simpler and More Effective'
Steven Mnuchin, President-elect Donald Trump’s pick for Treasury secretary, faced tough questioning at his confirmation hearing today, as members of the Senate Finance Committee grilled him on his role in IndyMac, the failed bank that was seized by the U.S. government, and his stance on sanctions.
Update on Treasury Secretary Pick Steven Mnuchin's Confirmation Hearing
ABC News' Serena Marshall and Mary Bruce discuss the expected topics, including the hedge fund manager's record on housing.
Trump's Treasury Pick Facing Criticism Over Foreclosures
Donald Trump's pick to lead the Treasury Department, Stephen Mnuchin, built his reputation and his fortune as a savvy Wall Street investor
SKorea's Samsung in Rough Patch With Arrest Request, Recalls
South Korea's Samsung hits rough patch with arrest request for Lee, recalls, but profits strong
Aetna CEO Says He Was Shocked By How Little Some Employees Were Paid: Part 6
Mark Bertolini's company Aetna raised salaries to at least $16 an hour, among other improvements for employees.
Financier and Fundraiser Expected to Become Trump Adviser
One of Donald Trump's leading campaign fundraisers is expected to be named a top White House adviser