Lenders, consumer groups call for end to GSE dividend sweep
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
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
President Trump’s first budget blueprint calls for the elimination of the Treasury’s Community Development Financial Institution grant program, a fund that has traditionally enjoyed bipartisan support but that conservatives have criticized as wasteful. ... 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
Euronet's offer seeks to spoil Ant Financial's January deal for money-transfer company; White House nominates six to top Treasury posts, including James Donovan as deputy secretary. ... Read full article
The Treasury Department announced the appointment of four new senior staff members late Friday. ... Read full article
A federal appeals court upheld a ruling that barred hedge funds from suing to overturn the U.S. government’s 2012 decision to capture billions of dollars in the profits generated by the mortgage guarantors Fannie Mae and Freddie Mac after their bailout. ... 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
A federal appeals court ruling has opened the door for litigants to challenge a 2012 decision by the U.S. government to sweep all of Fannie Mae and Freddie Mac's profits into the coffers of the Treasury Department. ... Read full article
The Senate Finance Committee approved the nomination of Treasury Secretary-designate Steven Mnuchin 14-0 on Wednesday after changing the rules to allow Republicans to vote without any Democrats present. ... Read full article
Senate Democrats delayed a planned panel vote Monday on the nomination of Treasury Secretary-designate Steven Mnuchin, pushing it back until Tuesday morning. ... Read full article
The Senate Finance Committee will hold a hearing on Treasury Secretary-designate Steven Mnuchin’s nomination on Thursday, Jan 19. ... Read full article
Treasury Secretary-designate Steven Mnuchin will divest himself of his investments and interests in a number of companies and funds once confirmed, including a fund that has bet on Fannie Mae and Freddie Mac being recapitalized and released from government ... Read full article