Jerome Powell

The familiar fingerprints on the Fed's stress test changes

12/12/17

In contrast to initiatives at other agencies, where Trump appointees are poised to go in a significantly different direction than their Obama-appointed predecessors, the stress test work appears aligned with the vision set out by former Fed Gov. Daniel Tarullo.

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Trump wades into Wells Fargo saga, promising tough penalties

12/08/17

The president wrote Friday on Twitter that penalties against the San Francisco bank will be maintained, or possibly strengthened. The comments are likely to fuel a growing controversy about the independence of federal financial regulators.

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Senate panel overwhelmingly approves Powell as Fed chair

12/05/17

Sen. Elizabeth Warren, D-Mass., was the only member of the Senate Banking Committee to oppose the nomination of Federal Reserve Board Gov. Jerome Powell to lead the central bank.

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Meet the new crop of bank regulators

12/05/17

More than 10 months into office, the Trump administration’s takeover of banking regulators is effectively complete.

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‘Shut this excrescence down’: Comments of the week

12/01/17

Readers react to the CFPB director shake-up, applaud honorees of American Banker’s annual banker awards and weigh in on the heated financial data debate.

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Wider cryptocurrency use could harm system stability: Fed’s Quarles

11/30/17

The Federal Reserve Board's vice chair of supervision said that digital currencies hold the potential for innovation but that the financial system's security and resiliency are more important.

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Trump taps economist Goodfriend for Fed seat

11/29/17

Marvin Goodfriend, a noted economist and former Richmond Fed official, was tapped to fill one of three vacancies on the Fed board.

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How Fed's Powell would reshape banking regs

11/28/17

In his nomination hearing, Jerome Powell was quick to assure Republican senators of his regulatory relief credentials. But Democrats still fear that he and other Trump appointees might upend the Dodd-Frank Act.

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Seven things bankers should watch for in Powell’s nomination hearing

11/27/17

President Trump’s pick to head the Federal Reserve will face the Senate Banking Committee this week. Here’s what to watch for.

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Showdown at the CFPB; Westerman bolts HSBC

11/27/17

Cordray picking his own interim successor sets off a firestorm; co-head of global banking leaves the U.K. bank after only 18 months.

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