Trump administration

The end of ‘In Gary We Trust’: Cohn’s departure a blow to banks

03/06/18

The resignation of National Economic Council Director Gary Cohn costs banks a top ally in the Trump administration and will likely further slow agency appointments.

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Crapo, Hensarling lead court brief supporting Mulvaney as CFPB head

03/05/18

Over 100 Republican lawmakers filed a legal brief Friday backing Mick Mulvaney in the lawsuit challenging his appointment as acting head of the Consumer Financial Protection Bureau.

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CFPB should take back seat to bank regulators on supervision: Mulvaney

03/01/18

The interim head of the Consumer Financial Protection Bureau said the agency may allow prudential regulators to take the lead on more supervisory matters to cut down on duplication.

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Kushner bank loans questioned; B of A fires two in harassment probe

03/01/18

Regulator asks three banks for information on dealings with president’s son-in-law; Both interfered with the bank’s investigation into an executive’s behavior.

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CFPB has plenty of options for slashing its budget

02/28/18

The acting head of the Consumer Financial Protection Bureau has made clear he wants to rein in the bureau’s spending, but what exactly he plans to cut is a mystery.

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Dems seek investigation of Chicago banker caught up in Russia probe

02/27/18

Two House Democrats are asking the Pentagon for information about its contacts with Stephen Calk, CEO of a small Chicago bank that made $16 million in mortgages to President Trump's campaign manager.

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FDIC's Gruenberg undecided about board seat after he gives up gavel

02/27/18

Federal Deposit Insurance Corp. Chairman Martin Gruenberg said Tuesday that he is on the fence about whether to serve on the agency's board for the remainder of the year even after he is replaced as head of the agency.

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Citizens defends AML controls amid questions about ties to Manafort, Russian meddling

02/26/18

Shares of the Providence, R.I., company plunged Monday, following a news report that it faces possible legal risks from the latest charges filed against Paul Manafort, the former campaign manager for President Trump.

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Break's over: Congress returns to full banking-policy plate

02/26/18

The clock starts ticking this week on a busy agenda of financial services priorities on Capitol Hill, including passing reforms to Dodd-Frank, overhauling the housing finance system and confirming key regulators.

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The community banker who got tangled up in the Russia probe

02/23/18

Stephen Calk is in the national media glare because his small Chicago-based bank made two enormous loans to Paul Manafort, President Trump's onetime campaign manager and a key figure in the investigation into Russian meddling in the 2016 election. Here’s a look at his career and how he ended up in this spot.

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