Trump administration

Trump plans to nominate Shelton, Waller to Fed board


The president tapped the pair in July for the two remaining vacancies, but the formal announcement of his intention to nominate them didn’t come until this week.


Trump tax cut drives $32 billion to America’s top banks


Savings for the top six U.S. banks from President Donald Trump's signature tax overhaul accelerated last year, now topping $32 billion as the lenders curbed new borrowing, pared jobs and ramped up payouts to shareholders.


Lawyer picked to defend CFPB before high court backs agency structure


The Supreme Court appointed Paul Clement to represent the agency after the bureau’s current director questioned its constitutionality.


Trump asks JPMorgan's Erdoes to say 'Thank you, Mr. President'


A smiling President Donald Trump thanked some of the biggest U.S. companies for about 10 minutes on Wednesday at the White House, where he was celebrating his trade deal with China. When it came to JPMorgan Chase, he asked for reciprocation.


CFPB critics to Supreme Court: The agency must go


The case before the court deals mainly with a statutory clause limiting the president’s ability to fire a CFPB director. But briefs filed with the court say striking that provision does not fully solve the bureau’s constitutional problems.


More ag banks slide into red as trade war drags on


The percentage of farm lenders losing money hit a six-year high in the third quarter, according to the FDIC.


Regulators ease hemp banking rules; alternative credit checks get the nod


Banks will not have to file reports on customers just because they're in the hemp business; making it easier for people with no credit history to get loans.


Trump loses appeal over Capital One, Deutsche Bank subpoenas


The ruling by a three-judge panel means the president will lose control of his long-secret business and personal records at the two banks unless the full court reconsiders or the U.S. Supreme Court blocks the decision.


Early-bird special: CFPB to reward firms that quickly fix violations


The agency’s director previewed a policy for companies under enforcement action to have their orders terminated if they comply ahead of schedule.


HUD asks for input on policies that may limit affordable housing


The Department of Housing and Urban Development is seeking public feedback on federal, state and local laws and regulations that may inhibit affordable housing or constrain the supply of housing.