OMB chief Mulvaney could be temporary CFPB boss

11/16/17

Mick Mulvaney, President Trump’s Office of Management and Budget director, is being considered for interim director of the consumer watchdog after Richard Cordray steps down and until a permanent pick is confirmed.

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Senate confirms Otting to lead the OCC

11/16/17

The Senate confirmed Jospeh Otting, a former business partner of Treasury Secretary Steven Mnuchin, to lead the Office of the Comptroller of the Currency.

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The competition is coming after your best commercial lender

11/16/17

It’s good to be a business lender with a long contact list. Loan growth is weak and the talent pool has been shrinking, so banks big and small are paying top dollar to get an edge.

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Blockchain moves beyond its 'moonshot' phase

11/16/17

Brian Behlendorf, leader of the Linux Foundation's effort to establish standards for blockchain, likens the invention of cryptocurrencies to the moon launch and says banks, open-source developers and others are working to make the underlying technology commercially viable.

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A bank’s activities, not its assets, should decide regulatory status

11/16/17

The differences in business model between commercial banks and universal banks should not be ignored as Congress works to recalibrate the regulatory regime.

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Cordray resigns; OCC becoming banks' best friend?

11/16/17

CFPB director’s departure gives President Trump the chance to revamp the agency; the bank regulator is reverting to its industry-friendly ways.

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House panel approval of rate-cap workaround a win for online lenders

11/15/17

A bill that would ensure fintechs can continue to partner with banks to make loans at interest rates that exceed state caps drew some bipartisan support on Wednesday, despite opposition by consumer groups.

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Who will be next CFPB director?

11/15/17

It’s a seat the Trump administration has long wanted vacated, and now it gets a chance to fill it — and change the direction of an agency that’s been a thorn in Republicans’ side. Following are the top candidates:

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Buybacks, M&A and more lending: How banks might spend their tax savings

11/15/17

Banks would be big winners if Congress slashes corporate tax rates and they will have no shortage of options for deploying all that extra cash.

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Radical changes ahead for CFPB after Cordray departure

11/15/17

The resignation of CFPB Director Richard Cordray gives President Trump the chance to name a director who could roll back agency rules and supervisory policies.

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