News Topic: Trump administration

Eric Blankenstein, a political appointee overseeing fair-lending policy at the agency, said in an email to staff that his blog posts from 14 years ago that used a racial epithet “reflected poor judgment.” ... Read full article

A growing chorus of CFPB employees are arguing that Eric Blankenstein, policy director of supervision, enforcement and fair lending at the CFPB, cannot be trusted to do his job fairly given his past blog posts. ... Read full article

At least six Trump administration picks to fill financial posts are still pending, but the bitterly partisan divide over Judge Brett Kavanaugh has taken up most of the energy in Congress. ... Read full article

Another regulator has already gone out on its own with an advance notice of proposed rulemaking. But, Powell said, "It’s a process and we’re very much interested in pushing forward.” ... Read full article

As the House Financial Services Committee prepares to hold a hearing Thursday on oversight of the Federal Housing Finance Agency, the exact focus of the hearing remains somewhat in flux. ... Read full article

The Danish bank updates amount laundered; Goldman near deal for its Simon app. ... Read full article

Liang is currently a senior fellow at the Brookings Institution in Washington and previously led a Fed board division in charge of financial stability policy and research. ... Read full article

The tightening of Senate races in Republican strongholds has raised the prospects of Democrats having even more influence on regulatory appointments and the legislative agenda. ... Read full article

The agency’s director has been under pressure to quit as he is investigated for sexual harassment allegations, but an agency spokesperson says he still plans to testify at a housing finance hearing slated for later this month. ... Read full article

Goldman’s next CEO names a new president and replaces the CFO; insurance giant shares remain at a 25% discount to book value. ... Read full article

Consumer advocates and academics recently removed from the Consumer Advisory Board said they were "disappointed" that the board will be reconstituted with fewer members. ... Read full article

It’s been off the radar for a couple of years, but Washington may soon be debating the separation between commercial and investment banking once again. ... Read full article

The agency announced a new lineup for the Consumer Advisory Board after having fired its previous members and those of two other panels. ... Read full article

Readers debate reforms to the Community Reinvestment Act, weigh in on the fate of Fannie Mae and Freddie Mac, react to Kathy Kraninger's potential confirmation as head of the Consumer Financial Protection Bureau and more. ... Read full article

The appointments are on top of other recent personnel changes under Chairman Jelena McWilliams, who took the reins of the agency in June. ... Read full article

Kathy Kraninger has been tight-lipped about her plans for the consumer bureau, but some point to signs that she could curb the agency's power by reducing staff and other costs. ... Read full article

The Consumer Financial Protection Bureau issued an interpretive rule Friday to clarify changes made to the Home Mortgage Disclosure Act that were mandated by President Trump's regulatory relief law. ... Read full article

The agency is seeking public comment on how to reform the Community Reinvestment Act — a big step forward without the Fed or the FDIC on board. ... Read full article