News Topic: Chuck Schumer
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Did banks play favorites in PPP or were they just being prudent?
As banks accept new applications for the paycheck program, they are dogged by complaints that they prioritized wealthy borrowers. But lenders likely fast-tracked clients they knew best under difficult circumstances, observers say. ... Read full article
Senate directs PPP aid to small banks in new funding measure
The House is expected to vote later this week on the bill expanding emergency relief for small businesses reeling from the effects of the coronavirus. ... Read full article
JPMorgan policy veteran to head public affairs at new trade group
Kate Childress will run government affairs, communications and member engagement for the newly formed Bank Policy Institute. ... Read full article
State AGs urge Senate to reject 'Madden Fix' bills
Attorneys general from 21 states say the measures would undermine their ability to enforce consumer protection laws. ... Read full article
Banks, credit unions urge Senate leaders to hold vote on reg relief
Four financial trade associations sent a letter to Senate leaders touting the regulatory relief bill as "example of how our elected leaders can advance necessary solutions by working together and across the aisle." ... Read full article
Democrats successfully delay vote on Treasury Secretary-designate Mnuchin
Senate Democrats delayed a planned panel vote Monday on the nomination of Treasury Secretary-designate Steven Mnuchin, pushing it back until Tuesday morning. ... Read full article