Will Congress Garnish Wages To Repay Student Loans?

Dec. 6 (Bloomberg Law) -- A proposal in Congress could mean big changes to the way debtors pay back student loans. Wisconsin Congressman Tom Petri wants companies to automatically deduct student loan repayments from employees' checks -- just like the IRS does with your taxes. Also, new national banking regulations from around the world are starting to cause big banks to think twice about expanding their global operations. Finally, a new study has come out ranking BigLaw firms by value. Guess who came out on top.
Options Market Suggest China's Stock Rescue Doomed
51:29 - China's markets this week will have a tailwind from last week's interest rate cut and Beijing's decision to prop up stocks with a flurry of state buying. But some say the rally may be short lived. Bloomberg's Zeb Eckert reports on "First Up." (Source: Bloomberg)
  • China's Banks Offer Deeper Cuts to Deposit Rates
  • The Top Stocks to Watch in Asia Today
  • ANZ's Yetsenga Sees Asia Currencies Staying Week