Lawmakers from both political parties are increasingly interested in forcing lenders that offer loans to upgrade home heating and cooling systems to issue better disclosures, a prospect that has some in the industry nervous.
President Donald Trump plans to nominate Randal Quarles, a senior Treasury official in the Bush administration, to be the Federal Reserve's top banking regulator, according to a person familiar with the selection process.
The 110-page document offers plenty of new details about what went wrong at the megabank but may leave shareholders wanting a truly independent investigation.
President Trump has been in office for nearly 12 weeks, but he still hasn’t nominated several critical positions among financial services regulators. Following is a guide to what’s vacant now, and when other posts will be available.
Elevate Credit in Fort Worth, Texas, debuted Thursday at half the price the company had been targeting. Investors may have been spooked by the possibility of rising losses.
The bill from three GOP senators would require Truth in Lending Act disclosures for so-called Property Assessed Clean Energy loans, which are currently exempt from the law.
The publication won the Neal award for best news coverage and Washington Bureau Chief Rob Blackwell received the prestigious Timothy White award for editorial leadership.
The report in the New York Post alleges that the bank violated anti-money-laundering laws by filing incorrect call reports to hide loans made to foreign nationals.
