Elizabeth Warren

Fix CRA before cracking down on bank mergers

12/18/19

Sen. Elizabeth Warren’s proposal to subject bank deals to greater public scrutiny should instead be addressed through reforms to the Community Reinvestment Act.

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Banker of the Year, Wells Fargo shake-up, credit union nemesis: Top stories of the week

12/06/19

Citizens Bank's Bruce Van Saun is our Banker of the Year; shake-up continues at Wells Fargo with poaching of Santander's CEO; the Navy commander behind the credit union banks love to hate; and more from this week's most-read stories.

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Warren, Brown object to CFPB plan to issue formal advisory opinions

12/06/19

The two Democratic senators said the bureau's policy could allow companies to circumvent consumer finance laws.

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Warren releases plan to overhaul bank merger approval process

12/04/19

Sen. Elizabeth Warren introduced a bill to require CFPB approval for certain bank merger applications in the wake of regulators' approval of a deal between BB&T and SunTrust.

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Sens. Warren, Brown ramp up attacks on Apple Card over bias claims

11/26/19

Democratic Senators Elizabeth Warren and Sherrod Brown want the Consumer Financial Protection Bureau to examine allegations of bias against women who applied for an Apple credit card underwritten by Goldman Sachs.

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Senate bill would require Fed to develop stress tests for climate risks

11/20/19

Five Democrats running for president support the legislation introduced Wednesday that would require the central bank to form an advisory group to analyze how climate change would affect the financial system.

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How much should banks fear a Democratic victory in 2020?

11/17/19

The financial policy views of progressive candidates atop the presidential field are sure to worry bankers, but it would be difficult for any new president to implement sweeping regulatory changes.

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'Don't try the FDIC's patience': Comments of the week

11/14/19

Readers react to the FDIC's fine against a bank over a 5-year-old consent order, Regions Financial's about-face on acquisitions, HUD's promotion of a controversial CFPB official and more.

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Elizabeth Warren slams Goldman over Apple Card bias furor

11/14/19

It’s the company’s responsibility to come forward with the information about how an algorithm that could be discriminating against women borrowers was designed and the exact impact of it, she said.

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Jerome Powell’s narrow path to second term as Fed chair

11/10/19

Unlike previous central bank chiefs, Powell’s chances of being renominated by either the current president or many of the Democratic contenders are slim.

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