Donald Trump

Republicans sought power to fire CFPB chief. Democrats may benefit.

09/12/19

The Supreme Court may be closer to examining a key restraint on a president's ability to change CFPB leadership.

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Trump adds to pressure on Fed, seeking rates of zero ‘or less’

09/11/19

President Donald Trump urged the Federal Reserve to lower interest rates to a level typically reserved for recessions or periods of persistently weak growth, suggesting that such a setting could allow the government to restructure Treasury debt at a lower cost.

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JPMorgan creates 'Volfefe Index' to track Trump tweet impact

09/09/19

Make market volatility great again? Analysts at JPMorgan Chase have created an index to gauge the impact of Donald Trump's tweets on U.S. interest rates, which they say is on the rise.

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'You don’t have to like the GSEs': Comments of the week

08/29/19

Readers react to jilted GSE legacy shareholders and a proposal making it harder to cite disparate impact, criticize Democrats asking the CFPB to stop its payday rule revamp and more.

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Deutsche Bank says it has returns requested by subpoenas

08/27/19

Deutsche Bank confirmed that it has tax returns requested by U.S. lawmakers seeking financial information for President Donald Trump and his family. Whose returns are those? That's still a secret.

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The Fed shouldn't enable Donald Trump: Bill Dudley

08/27/19

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.

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Backlash against rule tying immigration cases to credit history

08/21/19

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.

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

08/15/19

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.

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Why President Trump has the Fed on the ropes

08/12/19

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.

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Bankruptcy relief for farmers would compound banks' credit risk

08/11/19

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.

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