Policymaking

Big banks stay mostly silent on Trump travel ban, with one exception

01/29/17

Despite their global reach, the largest U.S. banks mostly stayed quiet in response to President Trump’s ban stopping nationals from certain Muslim countries from entering the United States.

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'Some bankers. SOME': Comments of the week

01/27/17

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.

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Democrats are spoiling for a fight over the CFPB

01/26/17

Democrats and progressive groups have drawn a line in the sand over Consumer Financial Protection Bureau Director Richard Cordray, hoping to capitalize on the successful march on Washington this past weekend to rally support for him and his agency.

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Trump taps McWatters as acting NCUA chair

01/26/17

President Trump on Wednesday appointed J. Mark McWatters as acting chairman of the National Credit Union Administration.

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If Trump replaces Cordray at CFPB, what happens next?

01/26/17

A new director of the consumer bureau must focus on how a still-relatively-young agency matures while maintaining a positive consumer protection agenda.

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Democratic AGs in 16 states ask to defend CFPB in key court case

01/24/17

Democratic attorneys general in 16 states and the District of Columbia have asked to defend the Consumer Financial Protection Bureau in a controversial appeals court case citing an "urgent" need to protect its director, Richard Cordray, from being fired by President Donald J. Trump.

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Possible Fed vice chair pick has long history with finreg

01/24/17

President Trump’s reported interest in GE Capital CEO David Nason — a former Bush Treasury official and front-row participant in the government’s response to the financial crisis — is sending the signal that the new administration intends to take a measured approach to financial regulation.

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CFPB's Cordray signals he has no intention of resigning

01/24/17

The Consumer Financial Protection Bureau's Director Richard Cordray refused to comment on how he would respond if President Donald J. Trump asked for his resignation, but said the independence of the consumer watchdog agency was "worth fighting for."

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Senate panel moves Carson's HUD nomination forward

01/24/17

The Senate Banking Committee voted unanimously to approve the nomination of Ben Carson as secretary of Housing and Urban Development, sending his nomination forward to the full chamber.

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CFPB clearing decks with slew of lawsuits as Cordray battle looms

01/23/17

The Consumer Financial Protection Bureau is ramping up enforcement actions ahead of a possible political showdown between President Donald J. Trump and the agency’s director, Richard Cordray.

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