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A pair of nominees to the Federal Reserve Board vowed Tuesday to protect the independence of the agency if confirmed, but avoided taking hard stances on pending regulatory issues.
May 15 -
The former Citigroup CEO is investing $100 million in Fair Square Financial, a midmarket card issuer; the exit leaves one executive atop the bank’s securities division.
May 15 -
A recent Washington Post investigation revealed that J. Mark McWatters runs the National Credit Union Administration from his home in Dallas, raising questions about his being tapped to head the consumer agency.
May 14
American Banker -
The union representing employees at the CFPB is already fighting acting Director Mick Mulvaney's efforts to restructure the agency, and readying for a potentially larger conflict as rumors of layoffs swirl.
May 10 -
The former CFPB director won the state’s Democratic primary Tuesday night, and his tenure at the agency is likely to be a key issue in the general election.
May 9
American Banker -
The Senate Banking Committee will consider the nominations of Richard Clarida and Michelle Bowman to the Federal Reserve next week.
May 9 -
The administration is prolonging a decision on a permanent director for the agency to keep the interim chief in place until year-end or longer.
May 8 -
The public face of the Trump administration's revamp of the Consumer Financial Protection Bureau is by no means working alone.
May 7 -
Early polling shows that the Massachusetts senator is a strong contender for the White House, setting her up to shape the debate on financial services even if she doesn’t run.
May 2
American Banker -
Acting CFPB Director Mick Mulvaney’s staff is selling the move of agency employees as a cost-cutting measure. Don’t buy it.
May 1IntraFi Network -
The Treasury secretary has said that he doesn't see changes to the housing finance system happening this year, but he's hopeful something can be done after the elections.
April 30
American Banker -
The group says Mulvaney, who also runs OMB, was not totally forthcoming with the Senate Budget Committee about the foreclosure of a property he owns in South Carolina.
April 30 -
Since taking office in November of last year, acting Consumer Financial Protection Bureau Director Mick Mulvaney's actions have sparked outrage from his critics seemingly at every turn, including several times just last week.
April 29 -
Sen. Elizabeth Warren, D-Mass., is asking the CFPB’s top ethics official if the agency has taken steps to ensure its acting director, Mick Mulvaney, is excluded from matters involving banks and other firms that contributed to his campaign when he was a congressman.
April 27 -
Critics of the acting CFPB director have a new line of attack as he takes fire for remarks made at an industry conference earlier this week.
April 25
American Banker -
The international standards-setting body is weathering the infatuation with isolationism in the U.S. and elsewhere better than expected.
April 24 -
John Chiang says the bank “reeks of betrayal” a day before the bank’s annual meeting; the former chair of the CFTC has doubts about cryptocurrencies.
April 24 -
Passage of a resolution blocking guidance on auto loan pricing could set a precedent that allows Congress to nullify other long-past regulatory issuances.
April 18 -
Michelle Bowman, a former community banker and now the Kansas banking commissioner, was one of two Federal Reserve Board nominees announced by the White House on Monday. President Trump also nominated Columbia University Richard Clarida as vice chair.
April 16 -
Acting CFPB Director Mick Mulvaney took heat from Democrats on whether he planned to take the agency's consumer complaint portal private while responding to Republican fears that its data collection activities pose a data security risk.
April 12













