Elizabeth Warren

Biden’s tough choice on who will lead Treasury


A moderate pick with financial sector ties could upset progressives, while the likely GOP majority in the Senate could balk at a nominee seen as too liberal. Here are some of the candidates.


What kind of regulator can Biden get past a GOP Senate?


If Republicans keep their majority, the incoming administration will likely have to pick moderates over progressives to have any chance of getting its nominees approved.


Ex-CFTC chief Gensler and banker advising Biden on Wall Street


Former Commodity Futures Trading Commission Chairman Gary Gensler and KeyBank NA executive Don Graves have been tapped to examine financial regulators as part of Joe Biden’s presidential transition, according to a person familiar with the matter.


Who would craft regulatory policy in a Biden administration?


A Democratic victory in Tuesday’s election would likely produce new leaders at the CFPB and OCC who could take bank regulation in a sharply different direction. Here are some names potentially under consideration.


Senate Democrats' bill would ban discrimination in financial services


The legislation would extend to the banking system the Civil Rights Act's protections for customers of hotels and restaurants.


PPP forgiveness, mainframes still mainstream, Marcus's future: Top stories of the week


House forgiveness plan for Paycheck Protection Program loans is better than nothing, bankers say; why some banks still lean on mainframes; what's next for Goldman Sachs's Marcus; and more from this week's most-read stories.


Fed’s Wells Fargo review should consider forbearance snafu: Warren


Customers suffered when they were placed in mortgage relief plans without their consent, the Massachusetts senator says. She urged the Federal Reserve to take the blunder into account as it weighs when to lift other sanctions against the bank.


Warren presses Powell on race gaps in possible Biden-era preview


During a Senate Banking Committee hearing, the Massachusetts Democrat asked Powell what the Fed is doing to reduce inequality along economic lines in the U.S.


Fed’s Brainard seen at top of Biden’s Treasury secretary list


Democratic presidential nominee Joe Biden’s search for a Treasury secretary is widely seen as focusing on Brainard, a choice that would keep both Wall Street and progressives in line.


Lawmakers want inquiry into report that OCC halted redlining probes


Senate Democrats asked a watchdog to examine whether the bank regulator failed to investigate claims of discrimination against at least six banks.