WASHINGTON — Banks would be barred from trading for their own profit instead of their clients under a rule federal regulators proposed Tuesday. The Federal Deposit Insurance Corp. backed the draft rule on a 3–0 vote. The ban on so-called proprietary trading was required under the financial overhaul law.
COLUMBUS — Parts of a new election law in Ohio are being targeted for a ballot repeal effort about two weeks after the governor of this traditionally presidential swing state signed the overhaul measure. A coalition of lawmakers, progressive groups and state’s ex-elections chief said Thursday that they have started collecting signatures in an effort to stop pieces of the law from taking effect Sept 30.
A hacker breached the Ohio House speaker’s Twitter account and sent out tweets that made it appear the Republican was supporting liberal causes, a spokesman for the House Republican Caucus said Thursday.