Sexual harassment

Watt abused role in pursuing relationship with FHFA staffer: Watchdog

02/15/19

Former FHFA Director Mel Watt attempted to coerce an agency employee to engage in a romantic relationship with him, according to an inspector general report.

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Will Q4 bank earnings surprise?; Credit cards rule payments world

01/11/19

Some big investors think the recent selloff in bank stocks is overdone; despite new ways to pay, credit cards still dominate.

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Two Goldman bankers charged; small banks await Fed ally

11/02/18

The two allegedly helped to defraud a Malaysian sovereign wealth fund; Michelle Bowman is expected to bring a Main Street perspective to the central bank.

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A new female CEO at a top 50 bank and an unexpected exit at BofA

10/31/18

One of the country’s 50 largest banks hires a female CEO, making JPMorgan Chase’s Kelly Coffey only the third woman in that exclusive club. Bank of America’s Michelle Moore exits the workforce. And sexual harassment prompts a walkout at Google.

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Portrait of a Goldman Sachs executive as a political wife

10/23/18

Goldman Sachs’ Heidi Cruz takes some flak for comments she made in an interview about her other job — as the wife of U.S. Sen. Ted Cruz. Goldman's Dina Powell turns down a chance to be the next Nikki Haley. And a lawsuit against the American Bankers Association calls it a “boy’s club.”

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Inside Mel Watt’s #MeToo moment

10/02/18

The House Financial Services Committee is examining sexual harassment charges against FHFA director Watt. American Banker reporter Hannah Lang offers her take.

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Who's new in the Most Powerful Women ranking for 2018

10/01/18

Wondering who is new to the rankings of the Most Powerful Women in Banking and Finance? Here's an overview of the changes, along with a recap of the top team winners. Plus, #MeToo plays out on Capitol Hill, as Mel Watt and Brett Kavanaugh get congressional hearings, and Murphy Brown returns.

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As #MeToo engulfs Capitol Hill, FHFA's Watt feels the heat

09/27/18

In a surreal echo of the Kavanaugh-Ford hearing, Federal Housing Finance Agency Director Mel Watt and an employee he is accused of harassing, Simone Grimes, testified before a House panel about the allegations.

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5 questions as lawmakers set to probe FHFA, GSE scandals

09/25/18

As the House Financial Services Committee prepares to hold a hearing Thursday on oversight of the Federal Housing Finance Agency, the exact focus of the hearing remains somewhat in flux.

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Lawsuit, taped recordings by accuser keep pressure on FHFA’s Watt

08/21/18

The employee who made sexual harassment allegations against the agency’s director also claims Watt withheld her pay increase after she refused his advances.

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