Money

Insurer groups sue over Washington state credit scoring ban

Washington state Insurance Commissioner Mike Kreidler's adoption this week of a rule prohibiting insurers from using credit scoring to set rates for auto, homeowner and renter insurance has already drawn a legal challenge from insurer groups.

Rep. Jamie Raskin failed to report huge stock payout for his wife, a Biden Fed nominee

Democratic Rep. Jamie Raskin violated a federal conflict-of-interest law by failing to properly disclose stock shares that his wife – President Biden's nominee to be the Federal Reserve's top banking regulator – received for her work at a Colorado-based financial technology company, a source familiar with the matter told FOX Business.