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Jelena McWilliams is expected to be easily approved by the full Senate when her nomination as FDIC chair comes up for a vote.
May 17 -
Mick Mulvaney’s recent comments about the CFPB Qualified Mortgage rule have triggered a debate over whether regulators should take into account more than one underwriting model.
May 17 -
The soon-to-be-retiring chair of the House Financial Services Committee said Senate leaders have made a "commitment" to consider more changes.
May 17 -
For cryptocurrency entrepreneurs in particular, many of whom are just developing the anti-money laundering programs they are required to have under other FinCEN rules, the CDD rule is worth taking note of, writes Laurel Loomis Rimon, senior counsel at O'Melveny & Myers LLP.
May 17O'Melveny & Myers LLP -
Christian Sewing doesn’t only have to reshape the company, revive profits and improve morale, he has to get regulators off Deutsche Bank’s back.
May 17 -
It's too late for Congress to overturn the consumer bureau's regulation on short-term lending, but acting Director Mick Mulvaney will have plenty of chances to reshape it.
May 16American Banker -
Acting CFPB Director Mick Mulvaney has dropped agency plans to crack down on overdraft programs and large marketplace lenders. Here's what else he's changing.
May 16 -
The Federal Reserve should think about dialing back its demand that foreign banks in the U.S. have an especially amplified ability to absorb losses, Vice Chairman Randal Quarles said at a Wednesday conference.
May 16 -
Regulatory burden was the dominant theme of a roundtable discussion, but executives are also concerned about their ability to attract skilled workers and they have mixed feelings on how corporate tax cuts are affecting customers' decisions.
May 16 -
A long-anticipated financial rule could help law enforcement root out illegal activity, but it requires banks to keep extra-close tabs on certain business clients. That won't be easy.
May 16Promontory Financial Group