Treasury Secretary-designate Steven Mnuchin struck a pro-banking industry tone during testimony on Capitol Hill Thursday while tangling with lawmakers over foreclosures, offshore accounts and other issues. ... Read full article
House Republicans charge CFPB director broke federal law in effort to fire him; consulting firms total the costs and savings from technology; German chemist finds the secret behind money's aroma. ... Read full article
Leadership of the Senate Banking Committee came into fuller view on Tuesday with the announcement of subcommittee assignments. ... Read full article
Top Democrats vowed Tuesday to defend the Consumer Financial Protection Bureau, predicting Director Richard Cordray will file a lawsuit if he were fired by Donald Trump after he is sworn in as president. ... Read full article
Sen. Elizabeth Warren rallied progressives on Tuesday night to launch a campaign to defend the Consumer Financial Protection Bureau and the Dodd-Frank Act. ... Read full article
The effort to end regulatory absolutism will most likely succeed if it is framed as a pro-economy reform, with members of both political parties driving the train. ... Read full article
Attorney General-designate Sen. Jeff Sessions R-Ala., could pose a roadblock for marijuana businesses seeking financial services, but might also end a controversial Justice Department program targeting payment processors and financial institutions. ... Read full article
On February 11th, the three private plaintiff-appellants and eleven State plaintiff-appellants in State National Bank of Big Spring, et al. v. Jacob J. Lew, et al. filed briefs with the U.S. Court of Appeals for the District of Columbia Circuit in their ... Read full article
On February 11th, the three private plaintiff-appellants and eleven State plaintiff-appellants in State National Bank of Big Spring, et al. v. Jacob J. Lew, et al. filed briefs with the U.S. Court of Appeals for the District of Columbia Circuit in their ... Read full article
Whether Glass-Steagall would have prevented the great financial meltdown of 2007 through 2009 remains debatable. Nevertheless, hearing Sandy Weill, who effectively served as the law's official undertaker , essentially call for its reinstatement is ... Read full article
