Election 2020

New unit will work with foreign governments; standards too soft on those without conventional paychecks.

Sen. Thom Tillis of North Carolina called for the panel to hold a hearing on what he termed the danger that the Federal Reserve will meddle in the 2020 presidential election.

The 2020 election is shaping up to be a key yardstick for legislation expanding cannabis firms’ financial services access.

From housing finance to Facebook’s crypto plans, moderators questioning the presidential candidates in Texas next month would have no shortage of financial policy topics from which to pick.

The panel has had 13 public meetings since the Massachusetts senator’s last appearance, in May.

Some believe the administration will delay action on Fannie Mae and Freddie Mac to avoid any political fallout. Others say the window for reform is closing.

Lawmakers including presidential hopeful Elizabeth Warren have introduced a bill that would put the Federal Reserve in charge of creating its own real-time payments network.

Warren’s plan unveiled Thursday would be the most significant rewrite of financial services rules since the Dodd-Frank Act of 2010.

A centerpiece of her “economic patriotism” bill is to transform private equity firms, which she said will buy a company and bleed it dry before “walking away enriched even as the company succumbs.”

Critical comments about Wall Street in the first debates signal an unfriendly political environment for banks. Here is a sample of leading candidates’ financial policy views.