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The president’s executive action looks to assess the impact of the previous administration's alterations to the Affirmatively Furthering Fair Housing and Disparate Impact rules, while reinforcing Biden’s vow to eliminate discriminatory lending practices.
January 27 -
The Trump administration's cantankerous relationship with China has lasted the president's entire term, often shaking up the payments and financial services landscape. With a new executive order, Trump has announced bans on more than a half dozen software firms — including payment apps affiliated with Tencent and Alibaba/Ant Group.
January 5 -
Congress's enactment of the defense spending bill opposed by the White House removes the final hurdle for a key anti-money-laundering provision.
January 2 -
A Biden-appointed comptroller could refocus resources and attention to these issues and put less effort into fighting the ongoing fintech charter battle.
December 29Hogan Lovells -
In the waning days of the Trump administration, the agency issued a new legal theory of its power to let national banks evade state consumer protection laws. But some state attorneys general and consumer groups charge the federal regulator is attempting to sidestep restrictions imposed by Dodd-Frank.
December 23 -
Rosemary Vrablic, who worked in the private banking division, helped manage Trump’s relationship with the bank as it lent hundreds of millions of dollars of loans to Trump’s company over a number of years.
December 22 -
Senators voted 48-47 to put Christopher Waller on the Federal Reserve Board, concluding a confirmation process that had been dragged out for months because of controversy surrounding a separate nomination for Judy Shelton.
December 3 -
The Trump administration said it has picked Brian Brooks, who has led the Office of the Comptroller of the Currency in an acting capacity, to be considered by the Senate for a five-year term. But it is unclear whether he would stay on during the incoming administration of Joe Biden.
November 17 -
Tennessee Sen. Lamar Alexander joined Mitt Romney of Utah and Susan Collins of Maine in disapproving of Judy Shelton's nomination to the Federal Reserve Board, adding drama to a confirmation vote that had been targeted for this week.
November 16 -
Managers have been trained on how to resolve conflicts with customers. They can use that training to minimize intraoffice political squabbling.
November 11