Donald Trump

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.


Big funds look to bypass banks; JPM looks to invest in bank tech company


Several large asset managers plan to meet directly with corporate clients to make loans; 10x Future Technologies promises faster and cheaper banking services.


Trump says Fed should have Draghi as chief instead of Powell


The president said that European Central Bank President Mario Draghi would do a better job overseeing monetary policy in the U.S. than Fed Chairman Jerome Powell.


Trump forms White House council to ease barriers to affordable housing


The president signed an executive order Tuesday establishing a White House council dedicated to examining regulatory barriers to affordable housing.


Trump believes he has the authority to replace Powell at Fed


President Trump has told confidants as recently as Wednesday that he believes he has the authority to replace Jerome Powell as chairman of the Federal Reserve Board, according to people familiar with the matter.


Facebook faces blowback; Big changes expected at Deutsche Bank


Digital currency plans spark concerns from global financial regulators and U.S. legislators; departures continue as two top dealmakers seem ready to leave.


White House explored legality of demoting Fed's Powell


The White House general counsel’s office weighed the legal implications of stripping Powell of his chairmanship and leaving him as a Fed governor, the people said, in what would be an unprecedented move.