If approved, settlement will get bankrupt city out of $288 million in swaps contracts originally bought to protect pension plan against rising interest rates.

Agency has said it lacks resources to adequately oversee markets; current version of president's budget reduces funding from previous version but increases from current funding level.

Agency has said it lacks resources to adequately oversee markets; current version of president's budget reduces funding from previous version but increases from current funding level.

Publication this month of findings from banks' annual stress tests will increase transparency, but many continue to call for more openness.