Trump administration

Waters’ clashes with Trump just the beginning

06/27/18

Rep. Maxine Waters made headlines this week for her scathing criticism of the White House. Expect more to come if she takes over as the Financial Services Committee chair next year.

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Democrats stick by Waters for banking panel despite controversy

06/26/18

The 13-term California Democrat is in line to chair the Financial Services Committee if her party wrests control of the House in the November election.

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Chaos atop CFPB could get worse after appeals court ruling

06/26/18

It is still a long shot that a rival of Mick Mulvaney's will be able to reclaim the agency's top job, but judges have raised questions over whether Mulvaney can keep the position.

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Trump’s GSE plan: Familiar solution, familiar problems

06/22/18

Meet the new housing finance reform plan, same as the old ones. While that gives it legs, it also presents big challenges.

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Dear Congress: Don’t gut funding for CDFIs

06/22/18

Lawmakers should prioritize programs that improve economic development in underserved communities, as appropriators begin debating next year’s spending levels.

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White House pushes surprise Fannie, Freddie reform plan, but is it workable?

06/21/18

The plan would end the GSE conservatorships and create an explicit federal guarantee, but it's unclear if even other parts of the Trump administration support it.

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New commissioner, same uncertainty about FHA premiums

06/21/18

Some continue to doubt there will be a premium cut, while others say there's no telling which way Brian Montgomery will go.

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PayPal's expansion plans; Deutsche pays for FX issues

06/21/18

The payments company said it plans to spend $1 billion to $3 billion a year on acquisitions; NYS fines bank $205 million.

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Mulvaney unfazed as immigration policy clouds CFPB nomination

06/20/18

The acting agency chief defended the “zero tolerance” policy while praising the permanent CFPB nominee suspected of having been involved in implementing it.

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Dimon, Corbat-led group criticize Trump immigration policy

06/20/18

JPMorgan Chase CEO Jamie Dimon condemned the separation of immigrant children from their parents at the U.S. border, while a group that Citigroup CEO Michael Corbat co-chairs also called for an end to the policy.

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