Elizabeth Warren

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

11/09/20

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.

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Who would craft regulatory policy in a Biden administration?

11/02/20

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.

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Senate Democrats' bill would ban discrimination in financial services

10/21/20

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

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

10/02/20

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.

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

10/01/20

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.

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

09/25/20

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.

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

09/24/20

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.

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Lawmakers want inquiry into report that OCC halted redlining probes

08/14/20

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

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Democrats' bill would require Fed to focus on income, racial inequality

08/05/20

The Federal Reserve Racial and Economic Equity Act would direct the Fed to consider racial inequality in employment, income and access to affordable credit when making monetary policy and in its regulation and supervision of banks.

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Will pandemic compel Congress to ease bank capital requirements?

08/03/20

Lawmakers don't appear ready to relax requirements yet, but they may do so in future legislation in hopes of spurring more bank lending.

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