Trump administration

Mulvaney’s unexpected gift to Democrats

04/25/18

Critics of the acting CFPB director have a new line of attack as he takes fire for remarks made at an industry conference earlier this week.

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The death of the Basel Committee has been greatly exaggerated

04/24/18

The international standards-setting body is weathering the infatuation with isolationism in the U.S. and elsewhere better than expected.

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Calif. treasurer wants Wells CEO gone; Cryptocurrencies may not comply

04/24/18

John Chiang says the bank “reeks of betrayal” a day before the bank’s annual meeting; the former chair of the CFTC has doubts about cryptocurrencies.

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Does Senate’s repeal of CFPB policy put all guidance in crosshairs?

04/18/18

Passage of a resolution blocking guidance on auto loan pricing could set a precedent that allows Congress to nullify other long-past regulatory issuances.

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Kansas banking commissioner named for Fed community banking seat

04/16/18

Michelle Bowman, a former community banker and now the Kansas banking commissioner, was one of two Federal Reserve Board nominees announced by the White House on Monday. President Trump also nominated Columbia University Richard Clarida as vice chair.

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Payday loans, CFPB data collection and Warren face-off: Mulvaney's 2nd day on Hill

04/12/18

Acting CFPB Director Mick Mulvaney took heat from Democrats on whether he planned to take the agency's consumer complaint portal private while responding to Republican fears that its data collection activities pose a data security risk.

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Democrats ask if military job was dangled to Manafort lender

04/12/18

Reps. Elijah Cummings and Stephen Lynch sought records related to a banker's communications with former Trump campaign manager Paul Manafort and the Trump campaign, and about his bank's loans to Manafort.

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New twist in CFPB fight: Judges question Mulvaney’s dual role

04/12/18

A panel of judges remained skeptical of claims by Leandra English, deputy director of the Consumer Financial Protection Bureau, that she is the rightful head of the agency. But they didn’t sound convinced that current acting Director Mick Mulvaney is, either.

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5 issues that could make sparks fly in Mulvaney testimony

04/10/18

Questions about the CFPB’s structure, high-profile enforcement actions and the acting director’s rift with Elizabeth Warren could dominate two days of hearings on Capitol Hill.

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CFPB pursues fine against Wells Fargo that could reach $1B: Report

04/09/18

According to the Reuters report, which cited unnamed sources, acting CFPB Director Mick Mulvaney is seeking a settlement with Wells over claims related to force-placed auto insurance and improper mortgage fees.

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