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A new Republican plan to streamline Dodd-Frank's capital rules, stress tests and many other requirements will be reintroduced in the coming weeks by House Financial Services Committee Chairman Jeb Hensarling.
April 11
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A legal dispute between Wells Fargo and one of the largest bitcoin exchanges underlines persistent doubts U.S. banks have about participating in digital currency.
April 11
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Meeting with CEOs, President Trump discussed reducing the financial regulatory burden among a series of actions he is pursuing to make the U.S. more business-friendly.
April 11
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President Trump has been in office for nearly 12 weeks, but he still hasn’t nominated several critical positions among financial services regulators. Following is a guide to what’s vacant now, and when other posts will be available.
April 10
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President Trump has been in office for nearly 12 weeks, but he still hasn’t nominated several critical positions among financial services regulators. Following is a guide to what’s vacant now, and when other posts will be available.
April 10 -
CEO Jes Staley is investigated by British authorities for trying to unmask a bank whistleblower and will take a pay hit; ISS is second consultant to call for voting against Wells directors.
April 10
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The allowance by some states for companies to incorporate without disclosing beneficial owner information significantly hampers anti-money-laundering efforts and drives up bank costs.
April 9
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The Office of the Comptroller of the Currency's top examiner at Wells Fargo was removed last month, according to Reuters.
April 7
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A Senate Republican effort to use an obscure process to restructure the CFPB could derail any bipartisan agreement on targeted changes to the Dodd-Frank Act.
April 7
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Federal Reserve Gov. Jerome Powell has been tapped to head the agency’s supervisory committee, the post formerly held by Gov. Daniel Tarullo.
April 7
