News Topic: Donald Trump

When the acting director of the Consumer Financial Protection Bureau announced plans to bring aboard political appointees, many viewed it as antithetical to an independent regulator. But technically there is nothing stopping him. ... Read full article

JPMorgan Chase get a new branch banking leader; Trump's anti-Wells tweet stokes concerns; blockchain, GSE survival, and more in this week's top stories. ... Read full article

Past statements by Office of Management and Budget Director Mick Mulvaney about the Consumer Financial Protection Bureau should disqualify him from leading the agency, according to New York Attorney General Eric T. Schneiderman and 16 other state AGs. ... Read full article

The five-year window on HSBC's deferred prosecution agreement connected to a money laundering case expires; profile says outgoing Fed Chairman Janet Yellen has become "a pop culture phenomenon." ... Read full article

The president's vow to come down hard on the San Francisco bank fans a debate about the independence of regulatory agencies such as the CFPB. ... Read full article

The president wrote Friday on Twitter that penalties against the San Francisco bank will be maintained, or possibly strengthened. The comments are likely to fuel a growing controversy about the independence of federal financial regulators. ... Read full article

Special prosecutor Robert Mueller zeroed in on President Donald Trump's business dealings with Deutsche Bank AG as his investigation into alleged Russian meddling in U.S. elections widens. ... Read full article

In a letter to President Trump, 44 Democratic senators said the White House's appointment of Mick Mulvaney as interim director of the Consumer Financial Protection Bureau "jeopardizes the agency’s independence and effectiveness." ... Read full article

Leadership at the Consumer Financial Protection Bureau is expected to be resolved quickly after a federal court Monday assigned a judge appointed by President Trump to resolve a lawsuit over who will become the agency's acting director. ... Read full article

There is a possibility that there could soon be two individuals declaring themselves the rightful leader of the Consumer Financial Protection Bureau. ... Read full article

The outcome of a case testing the president's power to fire a CFPB director will come too late to impact Richard Cordray, but may affect President Trump's interim and final picks to lead the agency. ... Read full article

Mick Mulvaney, President Trump’s Office of Management and Budget director, is being considered for interim director of the consumer watchdog after Richard Cordray steps down and until a permanent pick is confirmed. ... Read full article

If CFPB Director Richard Cordray does not leave soon - as has been widely expected - it may be that he has used rumors of his possible political aspirations to successfully keep Trump from firing him. ... Read full article

Many industry observers believe Federal Reserve Board Janet Yellen will retire from the central bank once her term as chair expires in February. But there are reasons she might stay. ... Read full article

Rule that would have made it easier for banks to be sued is repealed; a survey says the technology isn’t a priority for bank CIOs. ... Read full article

With little fanfare, President Trump officially nixed the rule prohibiting financial firms from including mandatory arbitration clauses. ... Read full article

CFPB Director Richard Cordray sent a letter to President Trump Monday asking him to veto a Republican resolution to nullify the bureau's arbitration rule. ... Read full article

Pence breaks tie to overturn rule prohibiting mandatory arbitration; depositors receiving higher rates in effort to retain them. ... Read full article