News Topic: Steven Mnuchin

The president’s targeting of FDIC’s Orderly Liquidation Authority may ultimately heighten concerns about “too big to fail.” Here's why. ... Read full article

Treasury Secretary Steven Mnuchin said fixes to orderly liquidation authority and the Volcker Rule would be included in regulatory recommendations to the president due this summer. ... Read full article

Lawmakers and others want the Trump administration to drop the Financial Stability Oversight Council's appeal of a controversial court ruling, but doing so may be harder than it sounds. ... Read full article

CEO Jes Staley is investigated by British authorities for trying to unmask a bank whistleblower and will take a pay hit; ISS is second consultant to call for voting against Wells directors. ... Read full article

Observers are divided over whether National Economic Council Director Gary Cohn's support for a modernized Glass-Steagall Act is purely opportunistic or sincere. ... Read full article

A group of 10 Republican senators are calling on Treasury Secretary Steven Mnuchin to drop the government’s appeal of a ruling last year that rejected insurance giant MetLife’s designation as a systemically risky firm and to de-designate the remaining two ... Read full article

The administration wants to deal with the concerns of banks of all sizes in its deregulatory efforts, Treasury Secretary Steven Mnuchin said Friday. ... Read full article

The Trump administration’s interest in reinstating barriers between commercial and investment banking is sparking conversations about what such a proposal would entail. ... Read full article

The groups and industry trade associations want the Treasury Department and the FHFA to allow Fannie Mae and Freddie Mac to build up capital reserves. ... Read full article

As part of the broad regulatory review, the Treasury secretary should consider a blue-ribbon panel to look at modernizing policies on everything from consumer disclosures to wealth accumulation. ... 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

Fed Chair Janet Yellen cast doubt on the administration’s call for a reinstatement of a Depression-era barrier between commercial and investment banking activities. ... Read full article

President Trump made a series of nominations to top Treasury posts as the administration continues to staff up. ... Read full article

The Treasury Department announced the appointment of four new senior staff members late Friday. ... Read full article

In his meeting with community bankers, President Trump openly pondered the fate of CFPB Director Richard Cordray with his advisers and appeared eager to quickly fix industry concerns through executive orders. ... Read full article

Steven Mnuchin was selected for Treasury Secretary because of his experience at Goldman Sachs and OneWest Bank. But Mnuchin is also known in Hollywood as a "money man." Following are selected films from his many credits. ... Read full article

Steven Mnuchin was confirmed 53 – 47 as Treasury secretary late Monday after two days of debate that included Democrats questioning the former banker's honesty. ... Read full article

Banks have spent years and billions of dollars to comply with post-crisis reforms. But with a new administration and Congress aiming to roll back the regulatory tide, whether those compliance costs go down is an open question. ... Read full article