Trump administration

Mark Calabria sworn in as FHFA director

04/15/19

The new head of the agency regulating Fannie Mae and Freddie Mac will be at the forefront of reforming the housing finance system.

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Regulators instructed to clear new rules with White House

04/11/19

The Trump administration directed independent agencies to submit their pending regulations for review by the Office of Information and Regulatory Affairs, a novel procedural hurdle that could slow down policy changes.

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Cain lacks GOP support for Fed seat if Democratic foes unite

04/11/19

A fourth Senate Republican said he'd vote against businessman Herman Cain joining the Federal Reserve Board, all but sinking any chances that he'd get through the confirmation process if Democrats stay united in their opposition.

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Pot banking reform gets a boost from Barr endorsement

04/11/19

The attorney general told lawmakers that exempting states that have legalized marijuana from the federal ban is better than the current system where state and federal laws are in conflict.

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Fed is a rubber stamp for bank mergers — it’s a problem

04/10/19

The central bank has failed to appropriately scrutinize deals in recent years, potentially putting the financial system at risk.

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Why is OCC scared of public input?

04/08/19

A senior official recently criticized how some groups responded to the OCC’s initial steps to reform the Community Reinvestment Act. It’s a worrying sign that the agency will ignore concerns raised by advocates.

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Buffett offers Wells CEO advice; Leveraged loans again sparking fear

04/08/19

The bank’s biggest shareholder says Wall Street shouldn't yield its next CEO; concern that mistakes that led to the financial crisis are being repeated.

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Trump says pizza exec Cain is in 'good shape' for Fed seat

04/05/19

President Donald Trump said Herman Cain, the former pizza company executive who ran for the 2012 Republican presidential nomination, is being vetted for a seat on the Federal Reserve Board.

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Senate confirms Mark Calabria as head of FHFA

04/04/19

The administration official will serve a five-year term as Fannie Mae and Freddie Mac's chief regulator.

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Senators request details from Trump's Fed pick on unpaid taxes

04/03/19

Sens. Sherrod Brown, D-Ohio, and Ron Wyden, D-Ore., pressed Stephen Moore for details about reports that he owes more than $75,000 in taxes and failed to pay more than $300,000 in alimony and child support.

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