Maxine Waters

Fed chief hints Wells Fargo's regulatory issues are far from over

03/20/19

Speaking at a press conference, Federal Reserve Chairman Jerome Powell said the bank’s risk management failures have required a dramatic overhaul of its processes.

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Lack of diversity at Home Loan banks 'concerning,' Waters says

03/20/19

A report from the Government Accountability Office found that while the Federal Home Loan banks have taken steps to improve diversity among boards of directors, members are still largely male and nonminorities.

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Waters schedules committee votes on cannabis banking, CFPB bills

03/19/19

The House Financial Services panel is considering legislation making it illegal for a federal regulator to penalize banks that accept FDIC-insured deposits from a legal marijuana business.

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Where does Wells Fargo go from here?

03/19/19

American Banker reporter Neil Haggerty examines the political implications of CEO Tim Sloan's testimony to the House last week.

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What's behind OCC’s public rebuke of Wells Fargo?

03/15/19

Federal regulators normally hesitate even to name specific institutions, but the Office of the Comptroller of the Currency appears to be taking a different tack with Wells.

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Wells Fargo's Sloan 'should be shown the door': Waters

03/14/19

House Financial Services Committee Chairwoman Maxine Waters said the CEO's 2018 bonus was "outrageous and wholly inappropriate" and called for his removal.

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House bill would require Fincen to work with tribal agencies

03/13/19

The Financial Crimes Enforcement Network voluntarily works with tribal law enforcement on anti-money-laundering and counterterrorism initiatives, but is not currently required to do so by statute.

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Sloan says Wells Fargo has cleaned up its act. Congress begs to differ

03/12/19

More than two years after Wells Fargo's consumer scandals first came to light, the congressional backlash facing the bank is bipartisan and just as fierce.

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Wells Fargo's Sloan to Congress: 'We are taking responsibility'

03/11/19

Wells Fargo CEO Tim Sloan said that the megabank has worked to address past issues and is equally committed to preventing new problems from arising, despite reports suggesting otherwise.

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Waters to seek whatever needed in Trump-Deutsche Bank probe

03/06/19

House Financial Services Committee Chairwoman Maxine Waters said she has advised her staff to seek whatever information it needs in investigating Deutsche Bank's ties to President Trump's businesses.

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