FDIC

Trump nominates FDIC chairman; Cordray fights back

06/19/17

James Clinger is currently general counsel to the House finance panel; CFPB director refutes House panel claims he didn’t do his job in Wells Fargo investigation.

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Trump chooses top Republican aide as next FDIC chair

06/17/17

Though FDIC Martin Gruenberg's term does not expire until November, President Trump announced his successor late on Friday.

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When fintech meets CRA: SoFi bank bid draws activists’ ire

06/15/17

The online lender, which focuses on high-earning millennials, is offering assurances that it will also serve Americans who make less money. But the company has not convinced critics, who say the plans are inadequate.

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Despite rhetoric, Dems and GOP want same things from reg reform

06/09/17

Ahead of the House vote Thursday on the Financial Choice Act, the two parties were assailing each other as proxies for Wall Street and painting themselves as defenders of community banking and the consumer.

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Can FDIC resolution powers be reformed instead of axed?

06/06/17

Ahead of a vote on a bill that would eliminate orderly liquidation authority, supporters of those powers are proposing changes to make it more palatable to conservatives.

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Trump makes first big pick for financial regulators

06/06/17

After months of speculation, former OneWest CEO Joseph Otting was finally named as the nominee for Comptroller of the Currency.

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Regulators issue guide to boost availability of appraisers

05/31/17

Financial regulators issued joint guidance on Wednesday highlighting the availability of cross-state appraiser licensing agreements.

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Could Trump go 'nuclear' on FDIC?

05/30/17

The end of the filibuster for presidential nominees could affect whether Democrats get a say in picking board members of the FDIC.

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Fayette County Bank becomes year's sixth failure

05/26/17

The bank is the second failure in Illinois so far in 2017. Seaway Bank was closed in late January.

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Bankers would envy proposed appeals process for credit unions

05/26/17

The NCUA aims to give credit unions access to in-person hearings with its governing board. Such an opportunity is lacking at federal bank regulators.

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