Donald Trump

House probe of Deutsche Bank and Trump should be taken seriously


Congressional investigations are often rushed affairs that fail to dig beneath the surface. But the hiring of a veteran investigator who has tangled with Deutsche in the past suggests that this politically charged inquiry is likely to be thorough.


Trump expected to sign order prioritizing AI research spending


The order coincides with concerns about China’s ambitions to dominate the sector and the likelihood of disruption for workers as the technology automates millions of jobs,


House panel schedules long-awaited hearing on pot banking


The Feb. 13 hearing marks a turning point in long-running efforts in Washington to ease bankers' fears about serving the cannabis industry.


Fed’s Powell, Clarida meet with Trump


Federal Reserve chairman and vice chairman meet the president for dinner, but interest rates aren’t on the menu


Deutsche Bank said to deny loan to Trump Organization in 2016


Deutsche Bank denied a request for a loan by the Trump Organization in the midst of Donald Trump's presidential campaign, in part because the German lender was worried about potential reputational issues, according to a person familiar with the matter.


The shutdown's impact on financial services


Many federal agencies have been closed for more than three weeks, making it the longest shutdown in U.S. history. With no end in sight, here's how it's affecting banks, credit unions and mortgage lenders.


Ginnie Mae head's surprise resignation prolongs permanent leadership gap


Acting Ginnie Mae President Michael Bright will leave his post on January 16 and will no longer seek confirmation to be the permanent head of the mortgage secondary market agency.


Santander hires retail chief, Trump v. Powell, future of housing finance: Top stories


Santander taps JPMorgan Chase exec Colleen Canny to lead retail network; can Trump actually fire Fed's Powell?; will 2019 bring long-awaited reform of Fannie Mae, Freddie Mac?; and more from the past two week's most-read stories.


Fed's Powell says he will not resign if asked by Trump


The central bank chairman said Friday that he would not step down if asked to do so by the president, adding that he has not received any direct communications from the White House about the agency’s interest rate policy.


Trump voices confidence in Mnuchin, Fed amid drop in market


President Trump expressed confidence in the Treasury secretary, Federal Reserve and U.S. economy on Tuesday.