Donald Trump

The Fed shouldn't enable Donald Trump: Bill Dudley


Trump's re-election arguably presents a threat to the U.S. and global economy, to the Fed's independence and its ability to achieve its employment and inflation objectives, the former N.Y. Fed chief says.


Backlash against rule tying immigration cases to credit history


The Trump administration’s “public charge” rule would add credit reports to factors that could be used to deny legal residency, but critics say credit scoring was never intended for that purpose.


'A wolf in sheep's clothing': Comments of the week


Readers react to states investigating payroll advance companies and the GOP's weak response to cannabis banking, heed a warning that nonbanks are prepared for CECL and more.


Why President Trump has the Fed on the ropes


The Federal Reserve's monetary policies have exacerbated the wealth gap, making the central bank a vulnerable target for Trump. He’s taking full advantage.


Bankruptcy relief for farmers would compound banks' credit risk


President Trump is expected to sign legislation soon that would expand the number of farmers who could file under the more lenient Chapter 12. Ag lenders are worried because farm bankruptcies recently rose and the trade war with China could worsen.


Former Fed chiefs call on Trump to end Powell threats


Former central bank chiefs Alan Greenspan, Paul Volcker, Janet Yellen and Ben Bernanke said the Fed must be allowed to act "free of short-term political pressures and ... without the threat of removal or demotion."


The $40 billion gift that Wall Street doesn't deserve


Attempts to roll back a safeguard on derivatives would give megabanks a $40 billion windfall, putting taxpayers on the hook.


Trump plows into Libra debate as politicians face crytpo learning curve


As Congress and the SEC were taking steps to regulate alternative currencies, they required a deep knowledge of the cryptocurrency market and technologies. For those who put off their crypto education, Facebook's Libra is a wake-up call.


Trump says Deutsche Bank, now 'maligned,' wanted his business


President Trump defended troubled Deutsche Bank on Thursday and said the German financial institution wanted his business, which is now the subject of investigations by congressional Democrats.


Kudlow says Powell's job is safe, no effort to remove him


Federal Reserve Chairman Jerome Powell’s job is safe for now, according to Larry Kudlow, top economic adviser to President Donald Trump.