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Bank CEOs have recently raised red flags about the president's protectionist rhetoric, including his proposals to tax imports from China and Mexico. The concerns have arisen as import-export financing is already facing headwinds.
February 1 -
Banks are checking vendors' security practices; Mnuchin appointment to Treasury put on hold as Democrats stall.
February 1 -
President Donald Trump's plans to deregulate the financial services industry still lack detail, though Mastercard is betting on a more favorable legal environment in the future.
January 31 -
Wall Street banks comment on the president's temporary halt on immigration from Muslim-majority nations; Trump promises to do "a big number" on financial reform act.
January 31 -
President Trump's order to eliminate two regulations for every new one does not apply to financial institution regulators, but may affect banks and credit unions in other ways.
January 30 -
The largest U.S. banks are treading lightly in response to President Trump's executive order banning travel to the U.S. by refugees and others from certain Muslim nations. Corporate statements emphasize the need for diversity while stopping short of outright opposition.
January 30 -
Mastercard CEO Ajay Banga was among the financial services, payment and technology executives to express worry or opposition to President Trump's travel ban for certain Middle Eastern countries.
January 30 -
After initially declining this weekend to weigh in on President Trump’s travel ban regarding refugees and others traveling from seven nations, Citigroup said Monday that it is worried about the order’s impact on its employees and customers.
January 30 -
Despite their global reach, the largest U.S. banks mostly stayed quiet in response to President Trump’s ban stopping nationals from certain Muslim countries from entering the United States.
January 29 -
If underwriting standards at other lenders begin to fall, how will CUs respond?
January 27