Senate Banking Committee

Senate confirms Clarida to Fed, two others remain in limbo

08/28/18

The Senate approved Richard Clarida as vice chairman of the Federal Reserve on Tuesday, while two other central bank nominees still await a vote.

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Senate Banking advances CFPB nominee over Dem objections

08/23/18

The committee approved the nomination of Kathy Kraninger to head the Consumer Financial Protection Bureau, despite strong Democratic opposition, as well as President Trump's picks for Ginnie Mae, the Export-Import Bank and several other positions.

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Moderate Dem says she will oppose CFPB nominee in committee vote

08/22/18

Sen. Heidi Heitkamp, D-N.D., has compromised with Republicans on key issues and supported other Trump nominees, but she said Kathy Kraninger lacks enough experience to run the consumer bureau.

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‘Padlock the revolving door’: Warren makes anti-corruption pitch

08/21/18

The senator's proposed legislation includes a ban on individual stock ownership and restrictions on government employees joining the lobbying ranks.

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Senators’ warning to Fed: Relief for midsize banks better be real

08/16/18

Lawmakers fear that regional banks could still get stung as the central bank implements a new law meant to ease their burden.

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Senate panel reschedules vote on CFPB nominee

08/15/18

The Banking Committee had delayed a vote on Kathy Kraninger’s confirmation after the Senate announced a short summer recess.

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Senate Dems to CFPB's Mulvaney: Don't end military lending exams

08/15/18

The letter from lawmakers to the bureau follows a report that the agency does not view the exams as explicitly required by the law.

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Surprise winner in banks' midterm donations: Moderate Dems

08/15/18

While the industry's trend of supporting Republicans continues, Senate Democrats who backed reg relief are drawing key industry support.

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The candidates getting banks' cash: Top 5 in the Senate

08/15/18

While bankers typically donate more to the political re-election campaigns of Republicans, their giving has shifted more to Democratic incumbents in the Senate for the upcoming midterms.

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Senate Dem demands Wells Fargo explain error that led to 400 foreclosures

08/09/18

Sen. Brian Schatz, D-Hawaii, said it is hard to imagine how Wells Fargo's $8 million remediation plan would correct a mistake that led to 400 wrongful foreclosures.

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