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To oversee this process, Dodd-Frank created the Financial Stability Oversight Council (FSOC), made up of the heads of the financial services regulatory agencies. The council claims very broad power to designate certain activities (like asset management) or companies and products (including mutual funds) as systemically important and subject them to Federal Reserve bank-style regulation, including leverage and capital requirements. And the council is doing just that – first with banks, then insurance companies and now, potentially, mutual funds. President Obama’s “independent” insurance expert on the council issued a blistering dissent when it designated Prudential – the nation’s second-largest life insurer...

It's hard to keep up with the privacy-threatening shenanigans at the Internal Revenue Service, but let's give it a try. Just days after revealing that the tax agency's failure to follow its own rules put the private data of 1.4 million people at risk, the Treasury Inspector General for Tax Administration publicized the sentencing of Tax Examining Technician Missy Sledge for aggravated identity theft and mail fraud, and IRS employee Monica Hernandez for making and subscribing a false income tax return, wire fraud, and aggravated identity theft. According to the Inspector General's Office, "as part of her official IRS duties,...

The Post found: •There have been 61,998 cash seizures made on highways and elsewhere since 9/11 without search warrants or indictments through the Equitable Sharing Program, totaling more than $2.5 billion. State and local authorities kept more than $1.7 billion of that while Justice, Homeland Security and other federal agencies received $800 million. Half of the seizures were below $8,800. •Only a sixth of the seizures were legally challenged, in part because of the costs of legal action against the government.

MIRA LOMA, Calif. — Week after week, Guadalupe Rangel worked seven days straight, sometimes 11 hours a day, unloading dining room sets, trampolines, television stands and other imports from Asia that would soon be shipped to Walmart stores. Even though he often clocked 70 hours a week at the Schneider warehouse here, he was never paid time-and-a-half overtime, he said. And now, having joined a lawsuit involving hundreds of warehouse workers, Mr. Rangel stands to receive more than $20,000 in back pay as part of a recent $21 million legal settlement with Schneider, a national trucking company.

A couple of years ago I wrote of an unusual experience I had at Mass wherein a person who was troubled by a demon had those demons manifest themselves at the consecration, causing the person to run out of the Church. More on that in a moment.I thought of that long-ago incident in relation to the current events transpiring in Oklahoma City, where a satanic cult stole the Eucharist from a Catholic parish and announced plans to desecrate it at a satanic “mass” in September. Archbishop Paul Coakley filed a lawsuit, asking a judge to stop the desecration by requiring...

Published August 22, 2014 FoxNews.com Americans receiving food stamps were caught selling and bartering their benefits online for art, housing and cash, according to a new federal report that investigates fraud in the nation’s largest nutrition support program. Complicating the situation is the fact states around the country are having trouble tracking and prosecuting the crimes because their enforcement budgets have been slashed despite the rapidly-rising number of food stamp recipients, according to the Government Accountability Office report. Under the Supplemental Nutrition Assistance Program, or SNAP, 47 million people have been awarded $76 billion in benefits. State agencies are responsible...

In a decision that civil rights groups said would protect property owners' rights, the Minnesota Supreme Court ruled Wednesday that evidence obtained during illegal searches cannot be used to take someone's property through the civil forfeiture process. The ruling comes in the case of a man whose vehicle and money were seized by Plymouth police after they found drugs during a 2012 traffic stop. During the civil forfeiture process in state court, a judge said the stop was illegal. The Supreme Court ruled Wednesday that the man has standing to challenge the civil forfeiture and sent the case back to...

<p>Vice President Joe Biden’s office stonewalled a Freedom of Information Act (FOIA) request for his travel expenses, according to Ronald Kessler’s new tell-all book on the Secret Service, The First Family Detail.</p> <p>Kessler, a former Wall Street Journal and Washington Post investigative reporter, filed a FOIA request in April 2013 with the Air Force for the details and costs of Biden’s personal trips.</p>

ROSSMOOR (CBSLA.com) — A 45-year-old woman turned herself in to Arcadia police Monday in connection with a June shoplifting incident at the Westfield Santa Anita mall. But what really sets this case apart is that the woman, during a violent scuffle with a security guard outside over her purse, somehow lost her shirt and bra. Police say the woman left behind her purse, stuffed with stolen merchandise, and ran topless to her white Mercedes-Benz parked nearby. A witness recorded the woman’s license plate as she drove off, police reported. Investigators found the woman’s driver’s license inside her purse. They identified...

NORTH SMITHFIELD – A North Smithfield Middle School teacher was arrested on Thursday, July 24 and has been accused of stealing nearly $7,000 from the School Department. Brian Chuey, 29, of Cranston has been charged with two counts of felony larceny after allegedly stealing $6,866, according to a release from the North Smithfield Police Department. He is being held pending an appearance before a Justice of the Peace.

Above: Members of the Mexican Civil Proteccion check a truck around the site where radioactive material was stolen in Tultepec,  north of Mexico City (AFP)by Brian Hayes | Top Right NewsThe Mexican government warned Friday that a vehicle containing radioactive material has been stolen, and issued a dire warning to the thieves against taking the potentially deadly material from its protective container.That's if they are indeed mere "thieves" and not terrorists. The AFP reported: Federal civil defense officials said the vehicle had been transporting deadly iridium-192, a radioactive substance used in making some industrial products.

Radioactive material stolen in Mexico: officials Mexico City (AFP) - The Mexican government warned Friday that a vehicle containing radioactive material has been stolen, and issued a dire warning to the thieves against taking the potentially deadly material from its protective container. Federal civil defense officials said the vehicle had been transporting deadly iridium-192, a radioactive substance used in making some industrial products. The substance "can be dangerous for human health if removed from its container," the officials said in a statement, adding that the material can be lethal even if handled for only a brief time. The theft in...

Three years ago, a security guard working for seed company Pioneer Hi-Bred came across something unusual on a road in Iowa: Just off the pavement, a man was on his knees, digging in a field. Challenged by the guard, Mo Hailong claimed to be an employee of the University of Iowa who was traveling to a nearby conference. He jumped back in his car and sped away. U.S. authorities would later accuse Hailong, and five other Chinese nationals, of stealing corn seeds and attempting to smuggle them back to China. A seventh defendant, Mo Yun, was arrested and charged Wednesday...

<p>A 73-year-old Vietnam veteran’s act of kindness violated company policy and got him fired from his job at Cracker Barrel in Florida.</p> <p>Joe Koblenzer said a needy man approached the host station and asked for some mayonnaise and tartar sauce because he said he was going to make fish. Koblenzer obliged him the request and gave him a corn muffin, too.</p>

<p>VENICE, FL (CNN) " A 73-year-old veteran says he was fired from a Cracker Barrel restaurant for giving a needy man a few condiment packets and a corn muffin.</p> <p>He admits it was against the restaurants rules, but says he thinks it was the right thing to do.</p>

Rev. Jeremiah Wright’s chickens are coming home to roost. Reuters reported this story. Rev. Jeremiah Wright’s daughter Jeri Wright was convicted on all counts of laundering thousands of dollars from a state grant slated for a Chicago job training program. She stole from the taxpayers and from the poor people who need the job training. Then she lied about it. I guess she didn’t learn anything from her father’s great preaching on that “God Damn America” and “Jewish lawyers”. Who would have thought that his comparing Jews of Jesus’ time to “Klansmen” and describing Jesus as a racial provocateur wouldn’t...

This advice is worth what you paid for it. You see, after 90 days of not paying on a credit card, the bank charges it off and sells the debt along with hundreds or thousands of others to a collection agency for 1/100th of the value of the original debt. The debt buyer then tries to collect from the debtor and they keep all the money they can collect. They will take you to court and try and garnish your wages for 6 to 8 or 12 years. That’s when you ask the court to force the new debt holder...

FRESNO, Calif. (KMJ) -- A parolee is on the run after Fresno County Sheriff's Deputies say he used a stolen truck to take stuff from a business and then dodged bullets from another one of his victims. 28-year-old Randy Grill's criminal odyssey began Wednesday morning when investigators say the man filled the back of that stolen truck with stuff from a business near Kearney and Valentine. People saw him and chased him out of the neighborhood. As he ran, he blew through a stop sign not far away and crashed into a car there. That person chased after him until...

A sophisticated network of metal thieves has targeted some 20 French wind turbines in a new looting trend, scaling the near 40-metre-high structures and stealing up to one tonne of metal from a single engine, Le Figaro reported Wednesday. Citing an anonymous police source, the daily newspaper said the ring stole metal from wind farms in sparsely populated areas, where they had less chance of being caught. “They cut the power to turn off the engine propeller motor,” the officer said, noting the thieves broke through the doors at the bottom of the turbines, before using the stairs to reach...