Tag: Finance

At the 2.5 year mark, Jared Kushner, senior White House adviser and presidential son-in-law, said the Trump administration is making progress on President Trump's agenda.

Jared Kushner’s no good, very bad week

Gabby Morrongiello · March 3, 2018 5:01 am

The CFPB has also put on hold plans to conduct on-site tests to examine how Equifax protects its data, and has rejected requests from regulators at other agencies to help. (AP Photo/Mike Stewart)

Equifax says it’s still under CFPB investigation

Joseph Lawler · March 2, 2018 4:46 pm

Senate Majority Leader Mitch McConnell, R-Ky., filed cloture on the bipartisan bill to ease rules on banks Thursday afternoon, meaning that the Senate will vote next week to cut off debate on the measure and then pass it. (AP Photo/J. Scott Applewhite)

Senate to vote next week on bipartisan bill to ease rules on banks

Joseph Lawler · March 1, 2018 7:55 pm

During a Senate Banking Committee hearing, Federal Reserve Chairman Jerome Powell told proponents of S. 2155, which is expected to be considered next week, that it wouldn't lessen Fed oversight of those global banks. The bill would loosen some of the tougher Dodd-Frank requirements for banks with between $50 billion in assets and $250 billion in assets, a provision meant to provide relief to larger regional banks. (AP Photo/Jacquelyn Martin)

Democrats insist Dodd-Frank relief bill would loosen rules for foreign megabanks

Joseph Lawler · March 1, 2018 7:30 pm

CFPB Acting Director Mick Mulvaney has been sparring with Sen. Elizabeth Warren, D-Mass., in recent weeks over his management of regulation of payday lending. (AP Photo/Susan Walsh)

Mick Mulvaney fires back at Elizabeth Warren over CFPB: ‘All I’m doing is the role you laid out’

Joseph Lawler · March 1, 2018 3:54 pm

"The financial stability picture shows, at most, modest risks," Federal Reserve Chairman Jerome Powell said during testimony before the House Financial Services Committee. (AP Photo/Andrew Harnik, File)

Jerome Powell doesn’t see signs of a bubble right now

Joseph Lawler · February 27, 2018 4:10 pm

The plan to 'eliminate' Fannie Mae and Freddie Mac could be enacted by a Trump appointee to the Federal Housing Finance Agency beginning in 2019. (AP Photo/Manuel Balce Ceneta, File)

Conservatives release blueprint for Trump to ‘eliminate’ Fannie Mae, Freddie Mac

Joseph Lawler · February 26, 2018 11:00 pm

Mick Mulvaney (pictured above), the acting director of the Consumer Financial Protection Bureau, brushed off detailed questions from Sen. Elizabeth Warren, D-Mass., about his oversight of payday lending in a letter Friday. (AP Photo/Susan Walsh)

Mick Mulvaney dodges Elizabeth Warren on payday loans with allusion to her support from trial lawyers

Joseph Lawler · February 23, 2018 7:18 pm

This week, managers at the giant investment firm PIMCO wrote that the current system of housing finance "has been and continues to be immensely successful, not to mention wildly profitable, and the current system works." (AP Photo/Manuel Balce Ceneta)

Rising drumbeat for Trump to deal with Fannie and Freddie himself

Joseph Lawler · February 23, 2018 5:01 am

Sen. Elizabeth Warren, D-Mass.

Elizabeth Warren takes aim at fellow Democrats over banking relief bill

Joseph Lawler · February 21, 2018 3:34 pm

The proposal, a 57-page report ordered by President Trump last April, would stop short of fully repealing the Dodd-Frank provision allowing the Federal Deposit Insurance Corporation to take over a failing big bank and reorganize it using federal funds. (AP Photo/Jacquelyn Martin, File)

Treasury proposes creating chapter of the bankruptcy code for big banks in Dodd-Frank revamp

Joseph Lawler · February 21, 2018 2:56 pm

Last October, Richard Cordray, then Director of the Consumer Financial Protection Bureau, released his Vehicle, Title, and Other High-Cost Installment Loans Rule — also known as the small dollar loan rule. (AP Photo/Nati Harnik, File)

Those people who rely on small-dollar loans are real Americans

Robert Sherrill · February 21, 2018 5:01 am