Donald Trump

Dems will jab at Mnuchin, but will they land any punches?

01/18/17

Steven Mnuchin's time as OneWest CEO is expected to draw ample attention at his nomination hearing, but it will not be the only issue to come up as senators try to gauge how he would lead President-elect Trump's financial policies.

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Will Trump give banks a break on BSA? Don't bet on it

01/18/17

While the Trump administration could relax other bank regulations, it is unlikely that it would ease up when it comes to money-laundering compliance.

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Dems: CFPB's Cordray would sue if forced out

01/17/17

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.

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Trump team signals it will oust CFPB's Cordray

01/12/17

A top Trump administration official said Thursday that the president-elect is considering former Rep. Randy Neugebauer to run the CFPB, the first clear sign that he intends to dismiss Richard Cordray.

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Prospect of tax reform upends affordable housing finance

01/12/17

Banks have started reconsidering how much they are willing to pay for low-income housing tax credits.

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Mnuchin to divest; Bank charters for fintech firms?

01/12/17

Mnuchin to divest; fintech firms may be able to get bank charters

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House Dems urge Trump not to fire CFPB's Cordray

01/11/17

House Democrats sent a letter Tuesday to President-elect Donald J. Trump, urging him to reject calls by Republicans to fire Richard Cordray.

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Trump: Puerto Rico Needs to Write Down Debt

05/05/16

The push to empower the territory of Puerto Rico to write down its debts–something supported by the Obama administration, the island’s government, and some Republican leaders in Congress–appeared to gain backing Wednesday from Donald Trump, the likely Republican presidential nominee.

“The problem with Puerto Rico—there’s far, far, far too much debt,” Mr. Trump said in an interview with CNN. “Don’t forget: I’m the king of debt. I love debt… I understand that stuff better than anyone else.”

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