News Topic: Policymaking

The Office of the Comptroller of the Currency's top examiner at Wells Fargo was removed last month, according to Reuters. ... Read full article

Reader reactions to criticism of Jamie Dimon, the House GOP ganging up on Richard Cordray, a bank's decision to part with Excel to measure credit losses, and more. ... Read full article

Fifteen months before he resigned under a cloud, Jeffrey Lacker, then president of the Federal Reserve Bank of Richmond, found himself in an odd position. ... Read full article

In a private meeting with lawmakers, White House economic adviser Gary Cohn reportedly said he supports a policy that could radically reshape Wall Street's biggest firms by separating their consumer-lending businesses from their investment banks. ... Read full article

Republicans on the Housing Financial Services Committee barraged the director of the Consumer Financial Protection Bureau on Wednesday with accusations that the agency is corrupt, as they tried to lay the groundwork for President Trump to remove the ... Read full article

The French megabank has sold its $120 million stake in a $2.5 billion syndicated loan to build the controversial Dakota Access pipeline. ... Read full article

Efforts at regulatory reform often ignore the source of what led to the overregulation in the first place: the legislative process. ... Read full article

Nearly 40 current and former congressional Democrats — including the namesakes of the Dodd-Frank Act — challenged the notion that Congress may not dictate the organization of federal agencies. ... Read full article

Policymakers speak of expanding consumer choice, but for the vast majority of borrowers and investors, standardizing choices that make the most financial sense has greater merit. ... Read full article

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms. ... Read full article

If chosen as Comptroller of the Currency, Joseph Otting's appointment would be a crucial step in the new administration’s deregulatory efforts. ... Read full article

Amer Sajed, a 56-year-old Pakistan-born immigrant to the U.S., will step down from his role leading the bank’s credit card business in July after being spurred into activism by President Trump's stances on social and other issues. ... Read full article

The Office of the Comptroller of the Currency can give lenders relief from the effects of a recent court decision over interest rate authority, but only if the agency chooses to do so. ... Read full article

Rep. Maxine Waters, D-Calif., asked Wells Fargo executives on Friday to submit to new interviews concerning its fake-accounts scandal. ... Read full article

Sen. Mike Rounds, R-S.D., suggested Tuesday that the National Flood Insurance Program should boost its insurance coverage to $427,000 in an effort to put it on sounder fiscal footing. ... Read full article

Jamie Dimon is trying to transform what has long been seen as a sleepy Washington club for CEOs into a lobbying powerhouse. ... Read full article

Contrary to the opinion that the Federal Reserve is out of “options” to boost the economy, the central bank still has these three liquidity-strengthening tools at its disposal. ... Read full article

President Trump met with community bankers on Thursday to highlight executive actions he has taken to provide regulatory relief to the industry and promote job growth. ... Read full article