Biden Administration
- Banking
Schumer says ending student-loan pause would risk U.S. recovery
The U.S. economic recovery could take a major hit if the Biden administration fails to extend the federal government’s pandemic…
Read More » - Banking
How a more hands-on OCC chief could change bank supervision
WASHINGTON — The interim chief of the Office of the Comptroller of the Currency is not only unwinding rules from…
Read More » - Banking
Regulators hit reset on CRA reform, commit to joint rulemaking
WASHINGTON — Federal bank regulators committed to rescinding the Trump-era reform of the Community Reinvestment Act, announcing a second attempt…
Read More » - Banking
Biden nominates progressive for Treasury financial policy job
WASHINGTON — President Joe Biden has nominated former Senate staffer Graham Steele to serve as assistant secretary for financial institutions…
Read More » - Banking
Treasury, regulators discuss path forward for stablecoins
WASHINGTON — Biden administration officials met with U.S. financial regulators Monday to discuss a path forward for regulating stablecoins in…
Read More » - Finance
How can the US support democracy and development in Latin America?
From widespread protests in Cuba to the assassination of Haitian President Jovenel Moïse, recent unrest across Latin America has brought…
Read More » - Banking
With Fed picks, Biden will have to walk political tightrope
WASHINGTON — President Joe Biden will soon have a unique opportunity to leave a mark on the Federal Reserve when…
Read More » - Banking
Biden order seen as minimal threat to bank M&A
As the pace of bank mergers and acquisitions picks up, the Biden administration may have added another motivator to pursue…
Read More » - Banking
Biden calls for tougher reviews of bank mergers, urges data portability
President Biden is encouraging the Justice Department and federal regulators to tighten their scrutiny of bank mergers just as new…
Read More » - Banking
Banking regulators expected to advance Biden agenda despite ‘acting’ tag
WASHINGTON — The Supreme Court’s decision last month allowing President Joe Biden to fire the Trump-appointed head of the Federal…
Read More » - Banking
7 candidates to lead Fannie and Freddie’s regulator
WASHINGTON— Following President Joe Biden’s June 23 ouster of Mark Calabria, speculation has intensified about the administration’s pick to run…
Read More » - Banking
Shake-up at OCC: Supervision teams will report to agency’s chief
WASHINGTON — The Office of the Comptroller of the Currency announced a series of organizational changes Tuesday that will result…
Read More » - Health
Wall Street vet to leave Biden environment team
Mark Gallogly, a private-equity titan who’s been working for John Kerry to line up private-sector financing to combat climate change…
Read More » - Banking
Where consumers got pandemic relief, complaints to CFPB fell
New data from the Consumer Financial Protection Bureau suggests that goverment efforts to ease households’ financial strains during the pandemic…
Read More » - Banking
Biden signs repeal of OCC’s ‘true lender’ rule
WASHINGTON — President Biden has signed off on the congressional repeal of a regulation designed to ease partnerships between national…
Read More » - Banking
Biggest impediment to mortgage growth? Shortage of new homes.
WASHINGTON — It is well-established that mortgage lenders will need to pivot to new areas of growth as rising rates…
Read More » - Health
Environment & energy in President Biden’s first 100 days in office
Journalists are reliably fond of two things: 1) Arbitrary ways to grade politicians, like the “100 days in office” meme;…
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