Steven Mnuchin

GSE overhaul needs FHFA and Congress to succeed: Calabria

06/13/19

The Federal Housing Finance Agency has appeared willing to take its own steps to reform Fannie Mae and Freddie Mac, but legislation would be necessary to create an explicit guarantee of the mortgage system.

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Mnuchin says no to 'recap and release' plan for Fannie Mae, Freddie Mac

06/10/19

Treasury Secretary Steven Mnuchin was adamant that the Trump administration won’t just let Fannie and Freddie build up their capital buffers and then release the companies. He also said he backed an explicit government guarantee, something only Congress can do.

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6 policy responses to leveraged lending fears

06/06/19

Options include legislation to study the risk of leveraged loans, more aggressive action by the Financial Stability Oversight Council and additional capital buffers. Policymakers may also choose to do nothing.

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Mnuchin vows probe of Deutsche Bank’s AML procedures

05/22/19

As Democrats keep the heat on the German bank over allegations that it suppressed reporting tied to Trump businesses, the Treasury secretary said he will direct the Financial Crimes Enforcement Network to look into the matter.

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Brown to regulators: Be ready to discuss leveraged loans at hearing

05/13/19

The ranking Democrat on the Senate Banking Committee says he wants answers from the Financial Stability Oversight Council on efforts to address corporate debt risks.

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Is Dodd-Frank council evolving, or throwing in the towel?

05/09/19

The Financial Stability Oversight Council is shifting away from designating specific nonbanks and moving toward identifying activities that threaten the whole system. But some say that approach just weakens the council.

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6 takeaways from the Fed’s financial stability assessment

05/07/19

The central bank said that while financial markets' desire for higher yields raises the potential for losses, capital and liquidity safeguards temper any concerns about a looming crash.

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U.S. banks are prepared for 'hard Brexit': Mnuchin

04/09/19

The Treasury secretary told the House Financial Services Committee that he has been in coordination with the U.S. bank regulators to soften the impact of the United Kingdom potentially failing to strike a deal on its exit from the European Union.

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Dodd-Frank oversight council wants to make it harder to designate nonbanks

03/06/19

The revisions would emphasize activities-based regulation over labeling individual firms as systemically risky.

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Is Dodd-Frank oversight council still relevant?

03/05/19

The interagency panel formed to head off approaching systemic risks must figure out its next move after having undone designations of nonbank firms.

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