New York’s top banking regulator says he wants to crackdown on not just companies involved in financial scandals, he wants the punish the workers too. Superintendent of New York’s Department of Financial Services Ben Lawsky was on Long Island Wednesday talking about this and other regulatory changes on the horizon.
The Dream Act is dead for now in New York State, after the State Senate voted down the measure that would have granted college tuition aid to the children of undocumented immigrants. The 30 to 29 vote defeating the Dream Act left leaders of rival Democratic factions pointing fingers.
US Senator Kirsten Gillibrand of New York is moving forward on her effort to strip senior military commanders of their authority to investigate and prosecute sexual assaults. After her proposal failed in an emotional Senate vote last week Gillibrand says she will make another push in six to nine months.
New York Attorney General Eric Schneiderman says he's reached a deal with 18 investment banks to halt what he calls Insider Trading 2.0. This is the latest in an ongoing investigation over something that isn't exactly illegal.