Government Policy and Law

Banking stocks were driven down today following a ruling against U.S. Bancorp and Wells Fargo & Co. in a pivotal Massachusetts foreclosure case that may shape policy in other states, Bloomberg reported.

The Massachusetts Supreme …

The 50 state attorneys general probing U.S. foreclosure practices will first settle with the five largest loan servicers – Bank of America Corp., JPMorgan Chase & Co., Citigroup Inc., Wells Fargo & Co. and Ally …

Wellmark Blue Cross and Blue Shield’s pharmacy benefits manager has agreed to pay $37,500 to a woman who said she was fired after telling a supervisor that she was pregnant.

Catalyst RX Inc., which has …

President Barack Obama has chosen J.P. Morgan Chase & Co. executive William Daley to be his new chief of staff, according to Reuters.

In Daley, Obama is bringing in someone who was not part of …

A private construction company hired by the Iowa Department of Transportation to work on a section of Interstate 35 in Clarke County has agreed to pay a $60,000 civil penalty to the U.S. Environmental Protection …

Taxpayers will have until April 18 this year to file their federal returns, the Internal Revenue Service announced yesterday. The date was extended from the traditional April 15 deadline because Emancipation Day, a holiday observed …

Brigadier General J. Derek Hill of the Iowa Air National Guard will serve as the Homeland Security Advisor to Gov.-elect Terry Branstad, and will serve as head of Iowa Homeland Security and Emergency Management in …

Immigrants, preschoolers and college professors will lose funding under a budget plan that Iowa House Republicans say will save $500 million.

Soon to be the majority party in the House of Representatives, the caucus said …