The president's big loan from, and sizable deposits with, Professional Bank in Boca Raton have raised some eyebrows. But the bank's chairman says it recruits relationship bankers from larger rivals to get just these kinds of customers.
President Donald Trump doubled down on his fight to stop House Democrats from getting his financial records after losing two court battles this week, filing swift appeals in both cases.
The FHFA director’s recent comments about whether the government-sponsored enterprises should be designated as SIFIs tees up a potentially significant element of the mortgage finance debate.
The House Financial Services and Intelligence panels had "legitimate legislative purpose" in requesting President Trump's financial records, the judge said. It is the second such ruling this week.
Trump may nominate Judy Shelton, who prefers “market-determined rates”; a software glitch may have prevented flagging of suspicious transactions for a decade.
Secretary of Housing and Urban Development Ben Carson appeared not to recognize a commonly known real estate term during a congressional hearing on Tuesday.
Sens. Sherrod Brown, D-Ohio, and Chris Van Hollen, D-Md., called on the bank to explain a report that the private wealth management division quashed anti-money-laundering reports prepared by compliance staff.
