News Topic: Election 2018

In the face of tough questioning from House members, CFPB Director Kathy Kraninger appeared mostly unfazed and tried to strike a balance between heeding concerns about the agency’s power and supporting its mission to help consumers. ... Read full article

The New York congresswoman, who sits on the House Financial Services Committee, said the panel wants to make banks "accountable for investing in and making money off of the detention of immigrants." ... Read full article

Readers weigh in on calls that regulators consider the financial risks from climate change, respond to Trump administration plans to overhaul the housing finance system, consider GOP strategy on the House Financial Services Committee and more. ... Read full article

The leaders of the biggest U.S. banks are likely to be summoned to face questions from the Financial Services Committee, an early sign that the financial industry will endure tougher scrutiny under a Democratic-controlled House. ... Read full article

The Financial Services Committee also announced the head of a newly created subcommittee on diversity and inclusion. ... Read full article

The South Carolina Republican will take over for Sen. Pat Toomey, R-Pa., as part of a reshuffling of subcommittee assignments. ... Read full article

Readers react to Sen. Elizabeth Warren's investigation into former acting Consumer Financial Protection Bureau Director Mick Mulvaney's job talks, weigh Rep. Alexandria Ocasio-Cortez's potential impact on the Financial Services Committee, ... Read full article

The lineup of new members to the House Financial Services Committee includes several rising Democratic stars. ... Read full article

The new chair of the House Financial Services Committee has an ambitious set of priorities, but newly elected progressives could set up a conflict with more moderate Democrats on the panel. ... Read full article

The freshman congresswoman will likely join the Financial Services Committee, where she could use her populist momentum to bring criticisms of the country's biggest banks even further into the mainstream. ... Read full article

The bill would require at least one gender diverse and one racially or ethnically diverse candidate to be interviewed for Fed regional bank president vacancies. ... Read full article

A Financial Services subcommittee planned by Democrats to root out discrimination and expand financial inclusion could put banks on the hot seat, but it could also foster regulatory relief. ... Read full article

Sens. Kevin Cramer, R-N.D., and Martha McSally, R-Ariz., will fill the two GOP vacancies in the new Congress. ... Read full article

Sen.-elect Kyrsten Sinema, D-Ariz., and Sen. Tina Smith, D-Minn., will join the panel as their caucus loses two other committee members who suffered election defeats. ... Read full article

The outcome of the midterm elections stands to recast debate on topics ranging from regulatory relief to the GSEs and the CFPB. Inside, a look at how the direction of financial services policy could alter under the newly divided Congress. ... Read full article

The California congresswoman would be the first woman and first African-American to lead the committee. ... Read full article

Democrats on the House Financial Services Committee are expected to shine a spotlight on Trump-appointed regulators, but that light might shine brightest on one agency in particular. ... Read full article

Reps. Lacy Clay and Emanuel Cleaver, both from Missouri, have shown interest in running the panel that could be a focal point in efforts to reform Fannie Mae and Freddie Mac. ... Read full article