News Topic: Trump administration

Despite some regulatory gains under the last administration, the deregulation underway by Trump officials threatens to endanger the financial system all over again. ... Read full article

Treasury, OCC want to make it easier to compete with banks; the two banks will sell notes and other products through a broker network. ... Read full article

Kraninger, a senior official at the Office of Management and Budget, has been heavily criticized by Democrats on the panel over her ties to the administration's family-separation policy at the border. ... Read full article

The roster of of potential witnesses at the trial of President Trump's former campaign manager includes current and former employees of Citizens Financial Group, Banc of California and The Federal Savings Bank. ... Read full article

Kathy Kraninger, a senior official at the Office of Management and Budget, largely avoided answering direct questions at her nomination hearing. ... Read full article

Readers respond to Mulvaney's changes to the CFPB's consumer board, weigh a proposal regarding fair lending, react to adoption of pot banking regtech and more. ... Read full article

Whoever succeeds current Director Mel Watt will have a front-and-center role in efforts to reform Fannie Mae and Freddie Mac. ... Read full article

President Trump isn’t the first commander in chief to try to exert influence over the central bank, and history shows the clashes can end badly. ... Read full article

An uptick in fines and a new tactic to counter claims about the CFPB’s authority is in sharp contrast to the agency’s rhetoric. ... Read full article

Allied Progress, a consumer watchdog, sued the CFPB and the OMB on Wednesday for failing to respond to a request for documents on Kathy Kraninger, President Trump's nominee to lead the CFPB. ... Read full article

Now’s the time for banks to consider how the country’s trade war could hit their bottom lines. ... Read full article

The bank entangled in probe of Michael Cohen; Mayopoulos to leave at yearend, CFO Benson to become president. ... Read full article

The agency’s consumer complaints database must remain available to the public to help prevent further abuses. ... Read full article

Kathy Kraninger emerges “unscathed” in testy Senate confirmation hearing; the bank is reportedly refunding money it charged customers for add-on services. ... Read full article

It may be unprecedented, but it was hardly surprising. Still, it comes at a dangerous time for the Fed. Here’s why. ... Read full article

The nominee to run the consumer bureau endured tough questioning over the administration’s family-separation policy but appeared to weather the barrage. ... Read full article

The agency creates “regulatory sandbox” to help develop products, including crypto-based ones; FSOC agrees bank’s failure wouldn’t wreck the financial system. ... Read full article

Kathy Kraninger, President Trump’s pick to run the CFPB, will testify before Congress on Thursday in what is likely to be a defining moment for her nomination. ... Read full article