News Topic: Trump administration

CFPB acting director uses the senator’s own words against her; Wall Street veteran’s addition shows the German bank is committed to U.S. investment banking. ... Read full article

China’s threat to impose hefty tariffs on dozens of U.S. imports could weaken demand for soybeans, pork and other agricultural products. Here's what that could mean for farmers, ranchers and the banks that lend to them. ... Read full article

The Treasury Department's inspector general is seeking the identity of an Office of Financial Research employee who produced several YouTube videos that raised concerns about discrimination and diversity problems. ... Read full article

His suggestion to force major agency rules to be preapproved by Congress is a threat to consumers and lenders alike. ... Read full article

The dominant player in manufactured housing lauded the Trump administration's review of construction standards, but other commenters worry the plan will undermine housing quality. ... Read full article

The latest salvo by the acting director of the Consumer Financial Protection Bureau — proposing in the agency's semi-annual report that all CFPB rules be subject to congressional approval — left many observers stumped if not outraged. ... Read full article

Payouts on Wall Street averaged $184,000, following only 2006’s record high; ethics office eying $500 million of real estate loans made to Trump son-in-law. ... Read full article

Trump Bay Street, a New Jersey luxury apartment tower part-owned by Kushner Cos., received a $200 million loan from Citigroup, according to two people familiar with the deal. ... Read full article

Critics of the Consumer Financial Protection Bureau have long sought to convert its leadership structure from a single director to a five-member commission. Here’s why the idea is dead on arrival. ... Read full article

House Republicans want more aggressive changes to Senate’s Dodd-Frank rollback bill; papers scrutinize the heir apparent to Lloyd Blankfein. ... Read full article

The measure easily passes with a two-thirds majority; Wells Fargo CEO's pay up by a third, but no cash bonus. ... Read full article

President Trump is expected to announce as early as Thursday morning that he has selected Larry Kudlow, the host of CNBC's "The Kudlow Report," to replace Gary Cohn as head of the National Economic Council, according to multiple media ... Read full article

Smaller bank stocks have outperformed the big banks with the prospect of Dodd-Frank rollbacks; Trump “very strongly” pondering TV analyst for adviser role. ... Read full article

Investment banker appears to be the choice to succeed to Lloyd Blankfein; CNBC commentator is being vetted as chief White House economic adviser. ... Read full article

Goldman Sachs CEO Lloyd Blankfein is reportedly considering leaving by the end of this year; American Express plans to reduce its merchant fees to stay competitive. ... Read full article

As head of the National Economic Council, Gary Cohn played a key role in helping guide the Trump administration on its financial services policy, including on regulatory relief and housing finance reform. Institutions are anxiously watching to see who ... Read full article

Top Democratic lawmakers are piling pressure on the Federal Reserve Bank of New York to consider a diverse slate of candidates as the search for its next president enters a critical phase. ... Read full article

Sen. Durbin wants the bank to ease its college marketing efforts; the Consumer Bankers Association wants the government to make more room for private lenders. ... Read full article