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Elizabeth Warren dukes it out with Wells Fargo chief, via Twitter
Business

Elizabeth Warren dukes it out with Wells Fargo chief, via Twitter

James Langford -
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The investment amounts to what Chief Executive Officer Jamie Dimon refers to as
Business

Going ‘digital everything,’ JPMorgan ramps up tech spend by $1.4 billion

James Langford -
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While some reports have described the Federal Reserve's action against Wells Farego as unprecedented, the central bank imposed a similar restriction on New York-based Citigroup in March 2006. (Daniel Tepper/Bloomberg)
Business

How the Fed’s Wells Fargo crackdown makes deregulation easier

James Langford -
0
Sen. Marco Rubio, R-Fla., is reportedly collaborated with Ivanka Trump on promoting a paid leave program. However, while Rubio's intentions in formulating paid leave policy are good, but good intentions do not make good policy. (AP Photo/Pablo Martinez Monsivais)
Beltway Confidential

No, Social Security should not pay for maternity leave

Amelia Irvine -
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The administration has canceled or delayed more than 1,500 regulatory actions planned under former President Barack Obama. About $570 million a year in costs, which comes out to $8.1 billion over a lifetime, has been eliminated as a result, the White House says. (Illustration by Bill Lesniewski)
Business

Trump cuts business free

James Langford -
0
Jerome Powell takes the oath of office as the new chairman of the Federal Reserve, Monday, Feb. 5, 2018, in Washington. (AP Photo/Andrew Harnik)
Economy

Jerome Powell pledges ‘vigilance’ as he begins tenure at the Fed

Joseph Lawler -
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Wells Fargo agreed to a $1 billion settlement over auto- and mortgage-lending practices, and its growth has been capped by the Federal Reserve.
Business

Fed’s crackdown on Wells Fargo will curb 2018 profit by $400 million, CEO says

James Langford -
0
Last year, Wells Fargo released information showing employees created more than 3 million fictitious accounts in customers' names to reach sales quotas. On Friday, Federal Reserve Chair Janet Yellen said the Fed is penalizing Wells Fargo until it shows that its
Economy

Federal Reserve slaps punishments on Wells Fargo for creating false accounts

Diana Stancy Correll -
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Citigroup revenue climbed 3 percent to $18.9 billion in the first three months of 2018.
Business

Lower tax rate may cost banks another $20 billion before benefits kick in

James Langford -
0
Wells Fargo agreed to a $1 billion settlement over auto- and mortgage-lending practices, and its growth has been capped by the Federal Reserve.
Business

Fake account fallout overshadows Wells Fargo’s $3.4 billion tax bounty

James Langford -
0
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