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President Donald Trump levied a surprise broadside against Bank of America's Brian Moynihan at the World Economic Forum, chiding the CEO and catching him off-guard, accusing his lender of limiting business with conservative clients.
January 23 -
House Republicans are in talks over raising the cap for state and local tax deductions after winning pledges to include it in a must-pass tax bill this year.
January 23 -
The president has signed dozens of executive orders touching a wide range of government functions, but banking policy has largely gone untouched — so far.
January 23 -
Senate Republicans would like to do a large bill on immigration and energy first and then tackle tax reform in a second bill. House Republicans prefer one large bill.
January 22 -
The hedge fund manager and Trump advisor also lent support to the idea of reconsidering deposit insurance limits for some kinds of accounts, such as those used for payrolls.
January 21 -
Trump's pick for treasury secretary commits to a thorough and careful recapitalization and release process for Fannie Mae and Freddie Mac.
January 21 -
President Trump reinstated a revised executive order from his first term that would make it easier for the White House to remove policy-facing federal employees — including Senior Executive Service employees. The National Treasury Employees Union sued the White House in response.
January 21 -
The Federal Deposit Insurance Corp.'s newly installed Acting Chairman Travis Hill issued a statement laying out his priorities for the agency, including reviewing and repealing Biden-era bank regulations, a softer approach to fintech and crypto and addressing so-called debanking.
January 21 -
Sunsetting the federal oversight of Fannie Mae and Freddie Mac could ease the cost of renewing President Trump's 2017 tax act, but doing so is an uphill battle.
January 21 -
Federal Deposit Insurance Corp. Vice Chair Travis Hill has assumed the duties of FDIC chair, National Credit Union Administration Vice Chair Kyle Hauptman took over as NCUA chair and Securities and Exchange Commission member Mark Uyeda will serve as acting chair of the SEC.
January 20