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President Donald Trump's concerted effort to bring the entirety of the executive branch under his direct control defies tradition, and in some cases, likely the law. Banks have thus far voiced little objection, but they should know how critical the rule of law is to their bottom line.
February 21American Banker -
The Commerce secretary begins a Wall Street dynasty with his rapper and trader sons, Kyle and Brandon.
February 20 -
President Donald Trump issued an executive order Wednesday night disbanding of three bank and credit union advisory groups.
February 20 -
A White House order peeling back agency independence would curtail bank regulation in the near term, but could set the stage for long-term uncertainty and volatility.
February 19 -
While Sen. Elizabeth Warren, D-Mass., is continuing to try and save the agency she helped create, Sen. Adam Schiff, D-Calif., who benefited from crypto spending in his primary race, is a new ally.
February 19 -
The Department of Government Efficiency says it has saved $55 billion in federal spending so far, but its website only accounts for $16.6 billion of that.
February 19 -
The Trump administration's orders to stop supervisory exams at the Consumer Financial Protection Bureau are seen as a potential conflict of interest for Elon Musk, whose company X would have been overseen by the bureau when it launches its payments wallet.
February 19 -
President Donald Trump's new executive order could have dramatic implications for bank regulation by subjecting agencies to White House political control.
February 18 -
The IRS would give a temporary detail to provide software engineering expertise to a special advisor to the director at the Office of Personnel Management.
February 18 -
Banking regulation doesn't need to mimic the hyper-partisan nature of today's politics. A balanced FDIC board would confer legitimacy on any efforts by the Trump administration to overhaul financial-services regulation.
February 18