Treasury Department

Laurie Maggiano, HAMP architect, CFPB program manager, dies at 64

01/09/18

Laurie Maggiano, the Consumer Financial Protection Bureau's program manager for servicing and secondary markets, died on Sunday.

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With Dodd-Frank relief near, banks set sights on AML

01/05/18

The Dodd-Frank Act gets more attention when it comes to regulatory burden, but the Bank Secrecy Act and other anti-laundering statutes arguably present even more of a compliance challenge for bankers.

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Dodd-Frank is here to stay

01/04/18

The banking industry braced for big changes with the election of President Trump, but the financial reform law has proven its staying power over the past year.

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Time to reform Fannie and Freddie is now

12/29/17

The GSEs are on their way to paying back the money they owed the government under the original bailout deal made at the height of the financial crisis, making 2018 an opportune time for an overhaul of the housing finance market.

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As FSOC rethinks SIFIs, will any nonbanks remain on the list?

12/28/17

The Trump administration's Financial Stability Oversight Council is likely to remove the systemically important financial institution label for the remaining nonbanks on the list, but it might consider adding other firms such as Fannie Mae and Freddie Mac.

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Four takeaways from deal to prop up GSEs

12/21/17

The announcement Thursday that Treasury Secretary Steven Mnuchin and Federal Housing Finance Agency Director Mel Watt agreed to let Fannie Mae and Freddie Mac each build a $3 billion capital buffer avoided a potential crisis.

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Treasury, FHFA strike deal to let GSEs retain 'limited' capital

12/21/17

Fannie Mae and Freddie Mac will be allowed to build capital buffers to protect against losses under an agreement between the Treasury Department and the Federal Housing Finance Agency announced on Thursday.

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Will Treasury target data agency's independence?

12/19/17

The Trump administration has previously signaled that it wants to bring the Office of Financial Research under its control. Now it may have the opportunity to do so.

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Meet the new risks, same as the old risks: Trump's FSOC shares many Obama-era fears

12/14/17

The Trump administration's first interagency assessment of systemic risk highlighted many of the same worries as previous reports, but added a new emphasis on economic growth and regulatory tailoring.

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Dear Congress: Don't lose New Markets credit in tax reform deal

12/13/17

Lawmakers should preserve the credit meant to spur economic development as part of sweeping tax reform being debated in Congress this week.

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