Trump administration

DOJ vs. CFPB; bitcoin vs. bitcoin

03/20/17

The Justice Department files a court brief to give the president power to remove agency director at will; feud threatens bitcoin.

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Justice Department turns against CFPB in constitutionality case

03/17/17

The Justice Department told a federal appeals court on Friday that President Trump should have the authority to fire the head of the Consumer Financial Protection Bureau.

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'Fintech charter was a whimsical notion': Comments of the week

03/17/17

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.

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Blankfein defends 'GovSachs'; Stumpf cashes in

03/17/17

Goldman CEO tells the bank's shareholders he's proud of his employees' service record; former Wells CEO realizes $83 million in well-timed exercise of stock options.

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The Trump plan that may hurt red state bankers

03/16/17

President Trump’s first budget blueprint calls for the elimination of the Treasury’s Community Development Financial Institution grant program, a fund that has traditionally enjoyed bipartisan support but that conservatives have criticized as wasteful.

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Trump budget slashes HUD funding, but keeps FHA intact

03/16/17

President Trump's budget released Thursday calls for slashing the Department of Housing and Urban Development's funding by 13%, or $6.2 billion, compared with 2016 levels, a blow to many bankers who say affordable housing programs and other HUD initiatives are vital to their work.

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Trump taps Goldman alum to be deputy Treasury secretary

03/15/17

President Trump made a series of nominations to top Treasury posts as the administration continues to staff up.

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Bidding war for MoneyGram; Trump's Treasury team

03/15/17

Euronet's offer seeks to spoil Ant Financial's January deal for money-transfer company; White House nominates six to top Treasury posts, including James Donovan as deputy secretary.

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What Vartanian as Fed vice chair would mean for bankers

03/14/17

Thomas Vartanian, a corporate lawyer and former regulator, is a noted critic of the Dodd-Frank Act who is reportedly being considered for a key spot in the Trump administration.

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Trump’s ‘core’ regulatory principles warrant more scrutiny

03/14/17

The administration’s executive order on financial regulation is open to interpretation, but the document will likely serve as the touchstone for financial regulators in the years ahead.

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