doj

First Horizon to buy 30 branches as part of BB&T-SunTrust divestiture

11/08/19

BB&T and SunTrust had to sell the branches to get Justice Department approval, marking a big step towards closing their merger.

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Capital One subpoenaed by N.Y., feds over taxi loans

10/31/19

The McLean, Va.-based company is under law enforcement scrutiny for loans that helped propel a boom and bust in the taxi medallion market in New York City.

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Trump administration wants Supreme Court to back GSE profit sweep

10/30/19

A lower court “erred” when it sided with Fannie Mae and Freddie Mac’s investors, the Justice Department said in its petition to the high court.

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HUD, Justice Dept. aim to ease lenders' False Claims Act burden

10/28/19

The government has used the law to bring fraud claims against Federal Housing Administration lenders, but the new steps respond to criticism that minor offenders were also getting punished.

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BB&T-SunTrust merger closing could slip into 2020

10/17/19

The companies say they're working hard to complete their deal this year — including spending millions on retention payments and other items — but there's no guarantee how quickly regulators will make their decisions.

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Supreme Court yet to decide if it will take CFPB case

10/15/19

A list of upcoming cases published by the high court did not include a challenge to the bureau's constitutionality, but the justices could still decide to review it at a later date.

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CFPB’s Kraninger agrees: Her job security is unconstitutional

09/17/19

The agency's director told congressional leaders and staff that she backs a Supreme Court challenge to the bureau's leadership structure.

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Next up for BB&T-SunTrust: Deciding where to unload branches

09/04/19

The banks, which plan to merge as Truist Financial, are expected soon to start selling hundreds of branches in the Southeast to satisfy antitrust concerns and increase efficiency.

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Bipartisan AML bill is just the right touch

08/02/19

Under the Illicit Cash Act, anti-money-laundering rules would be clearer — so banks would have no excuses for noncompliance.

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How Trump’s political appointees thwarted tougher settlements with two big banks

08/02/19

After talks with well-connected lawyers for Barclays and the Royal Bank of Scotland, senior Justice Department officials in Washington last year overruled career prosecutors who had been investigating wrongdoing that cost investors billions.

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