News Topic: Donald Trump

President Trump signed an executive order Friday requiring every agency to establish a task force focused on eliminating unnecessary regulations. ... Read full article

Donald Trump is considering nominating U.S. Bancorp Chief Executive Officer Richard Davis for the Federal Reserve Board, said people familiar with the matter, as the president prepares to start reshaping the central bank’s approach to monetary policy and ... Read full article

Regional banks don’t pose risks to the financial system that have caused concern among policymakers, executives of 18 banks told top Republican and Democratic lawmakers in Congress. ... Read full article

Some experts say President Trump is being advised to hold off on firing CFPB Director Richard Cordray to get the Supreme Court to rule on the extent of the president's executive powers. ... Read full article

At the very least, President Trump's executive order on Dodd-Frank is liable to make it tougher to reach compromise on regulatory reform. In the long run, it's helping to push Democrats further to the left. ... Read full article

The president’s vow to impose a 20% tax on Mexican imports could make life harder for the Citigroup-owned unit, which is Mexico’s second-largest bank. ... Read full article

President Trump is scheduled Friday to order a review of Dodd-Frank and a halt to the Obama fiduciary rule. A signing ceremony is set for noon following a meeting of more than a dozen top corporate executives. ... Read full article

Bank CEOs have recently raised red flags about the president's protectionist rhetoric, including his proposals to tax imports from China and Mexico. The concerns have arisen as import-export financing is already facing headwinds. ... Read full article

The largest U.S. banks are treading lightly in response to President Trump's executive order banning travel to the U.S. by refugees and others from certain Muslim nations. Corporate statements emphasize the need for diversity while stopping short of ... Read full article

President Trump's order to eliminate two regulations for every new one does not apply to financial institution regulators, but may affect banks and credit unions in other ways. ... Read full article

After initially declining this weekend to weigh in on President Trump’s travel ban regarding refugees and others traveling from seven nations, Citigroup said Monday that it is worried about the order’s impact on its employees and customers. ... Read full article

Despite their global reach, the largest U.S. banks mostly stayed quiet in response to President Trump’s ban stopping nationals from certain Muslim countries from entering the United States. ... Read full article

A new director of the consumer bureau must focus on how a still-relatively-young agency matures while maintaining a positive consumer protection agenda. ... Read full article

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The Department of Housing and Urban Development announced Friday that the reduction in mortgage insurance premiums “has been suspended indefinitely.” ... Read full article

The financial services industry has high hopes that President Trump will usher in a new era of less regulation and economic growth. Here are challenges his administration will face. ... Read full article

"There is an added sense of urgency now," says Barbara Roper, director of investor protection at the Consumer Federation of America. ... Read full article

On earnings calls this week CEOs expressed optimism for increased loan demand, a softer tone from regulators, a higher SIFI threshold and, potentially, a surge of interest in health savings accounts. ... Read full article