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When Phil Murphy decided to run for the governorship of New Jersey in 2016 and introduced his political platform, it included a plank for a public bank. (AP Photo/Julio Cortez)
Business

Public banking gets a toehold in New Jersey

Joseph Lawler -
0
The Congressional Budget Office estimates a new legislative package being shepherded by Banking Committee Chairman Mike Crapo, R-Idaho, would add a total of $671 million to federal deficits over the next 10 years. (Andrew Harrer/Bloomberg)
Economy

Budget office: Senate bank regulatory relief bill would raise risk of a bailout

Joseph Lawler -
0
The regulators' action comes just days after top regulators warned investors that they are watching closely for the possibility of fraud and scams in the rush toward cryptocurrencies like bitcoin and ethereum. (AP Photo/Kin Cheung)
Economy

SEC takes over assets of company claiming a $600 million ‘initial coin offering’

Joseph Lawler -
0
General Electric is cooperating with a Justice Department probe of a discontinued mortgage business.
Columnists

The decline and fall of General Electric, the poster child of Obamanomics

Timothy P. Carney -
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Jelena McWilliams is President Trump's pick to head the Federal Deposit Insurance Corporation, the agency responsible for regulating banks that receive federal deposit insurance and making sure that they are safe. (iStock)
Economy

Trump’s top banking nominee arrived in US solo on 18th birthday with $500

Joseph Lawler -
0
Democrats are particularly distressed about the Trump administration's handling of the Consumer Financial Protection Bureau, in part because the agency is such a darling of the party. Sen. Elizabeth Warren, D-Mass., conceived it and Dodd-Frank created it. (AP Photo/Molly Riley)
Economy

Democrats, help make Elizabeth Warren’s agency accountable

Washington Examiner -
0
The Trump administration has ended Operation Choke Point, the anti-fraud initiative started under the Obama administration that many Republicans argued was used to targeted gun retailers and other businesses that Democrats found objectionable. (AP Photo/Alex Brandon)
Economy

Trump ends Obama’s Operation Choke Point

Joseph Lawler -
0
Thomas Hoenig argued that if banks want to increase lending, they could do so by retaining earnings rather than paying dividends to shareholders. (AP Photo/Mark Lennihan)
Economy

FDIC regulator warns senators: Don’t lower bank capital standards

Joseph Lawler -
0
He isn't the first nominee for a high-ranking financial post to cite family concerns in dropping out. (Wikipedia Commons)
Economy

Trump nominee for top banking post withdraws

Joseph Lawler -
0
Regulators indicated areas in which bipartisan agreement on changing Dodd-Frank rules might be possible for many banks. (AP Photo/J. Scott Applewhite)
Economy

Contours of regulatory relief push come into shape

Joseph Lawler -
0
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