Donald Trump

Stalled stimulus talks put bankers on edge

10/13/20

Executives are urging Congress and the White House to prioritize another round of help for businesses amid concerns that the continuing restrictions on reopening could lead to more loan defaults.

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Election 2020: Biden tax plan could dent banks' bottom lines

10/06/20

The industry says the 2017 cut in the corporate rate helped position lenders to support the economy when the pandemic hit. But a plan proposed by Democratic nominee Joe Biden could strain banks’ capital investment and hiring, observers say.

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Citi terminates tech manager who ran QAnon website

10/06/20

Citigroup terminated a manager in its technology department after an investigation into his role as the operator of the most prominent website dedicated to the QAnon conspiracy theory.

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‘Enigmatic’ CFPB chief could drop more surprises in a second Trump term

10/02/20

Kathy Kraninger’s job status would be in question if Joe Biden wins the White House. If the president is reelected, she may continue balancing a deregulatory agenda with her unexpectedly tough stance on enforcement.

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Bankers give Election 2020 edge to Trump

09/28/20

New research reveals the financial services industry both prefers and predicts an incumbent win in November.

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Fed’s Brainard seen at top of Biden’s Treasury secretary list

09/24/20

Democratic presidential nominee Joe Biden’s search for a Treasury secretary is widely seen as focusing on Brainard, a choice that would keep both Wall Street and progressives in line.

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GSE, fair-lending policies could look radically different if Biden wins

08/24/20

If Trump is reelected, his administration would likely move forward with privatizing Fannie Mae and Freddie Mac and relaxing key rules, while a Joe Biden presidency would likely try to expand homeownership access and borrower protections.

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Trumps face N.Y. probe into valuation of assets to get loans

08/24/20

New York’s attorney general is investigating whether President Trump’s company inflated the value of his assets to secure favorable terms for loans, according to court filings. Testimony from his son Eric Trump is being sought as part of the case.

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What Trump’s reelection would mean for banks

08/11/20

A second-term Trump administration would likely continue its deregulatory efforts, focus on Fannie Mae and Freddie Mac's exit from conservatorship, and seek to facilitate fintech participation in the banking system.

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Big choices about who will lead financial regulators after 2020 election

08/07/20

Whoever wins the White House in November may have immediate agency openings to fill, while a key decision looms about who will run the Federal Reserve after Jerome Powell’s term expires in 2022.

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