Rising living costs put retirement security under pressure
A Transamerica Institute survey shows 78% of workers see inflation hindering their retirement savings. That can create opportunities for advisors to help clients prepare.
Democrats’ big win gives Fed a respite from Trump’s wrath
Republicans lost control of the Senate Tuesday night, removing President Donald Trump’s ability to appoint a loyalist to the Federal Reserve Board of Governors in his quest to push the central bank to lower interest rates.
Blue wave takes out key GOP House Financial Services members
An unusually strong showing by Democrats when they retook the House in Tuesday’s midterm election ushered out several Republican members of the House Financial Services Committee at the same time.
‘There was a mood in the air.’ Democrats take Congress, all of it
The make-up of Congress is about to change sharply as bank-industry supporters and Wall Street critics alike head to Capitol Hill.
AI is coming for banks’ business, but the industry can fight back
It’s only a matter of time before frontier AI firms begin moving into financial services, but it’s not too late for the industry to beat the newcomers at their own game.
The top 20 fee-only RIAs ranked by AUM in 2026
The two biggest firms in this year’s RIA Leaders ranking of the largest fee-only financial planning companies each leapfrogged three rivals after the 2025 study.
Democrats sweep Congress, setting up years of oversight for banks
Democrats stunned in the midterm elections, winning races in deep-Red states in a damning rejection of the direction of the country and economy under the second Trump administration.
Swipe fee bill cosponsor Marshall defeated in reelection
Sen. Roger Marshall, R-Kansas, who cosponsored a bill requiring most credit cards to be interoperable on multiple networks, was defeated in his re-election bid Tuesday, another defeat for Republicans in deep-red territory.
Wall Street critic Sherrod Brown heads back to Senate
Former Senate Banking Committee Chair Sherrod Brown, who lost his re-election bid in 2024 to Sen. Bernie Moreno, defeated incumbent Jon Husted and will return to the upper chamber next year.
Roy Cooper flips bank-heavy North Carolina
The victory of the state’s former governor is one of the Associated Press’s early calls of the night.