Trump

Stephen Moore drew swift and unusually pointed criticism after President Trump picked him to be a governor of the Federal Reserve, with at least one prominent Republican economist calling on the Senate to block the appointment.

Moore is a founder of the conservative Club for Growth and served on the editorial board of The Wall Street Journal.

A new line of inquiry into President Trump's business dealings is thrusting small New Jersey lender Investors Bancorp into a spotlight with Deutsche Bank, which for years has been better known as the real estate mogul's creditor of choice.

The New York attorney general’s office issued subpoenas to Deutsche Bank AG and Investors Bank for records relating to the financing of Trump Organization projects and an unsuccessful effort to buy the Buffalo Bills football team, The New York Times reported.

The 2020 budget would add the Consumer Financial Protection Bureau and FSOC to congressional appropriations, charge lenders for FHA upgrades and require universities to have skin in the game on student loans.

Mark Calabria, who could be confirmed as early as this month, is expected to focus on changes to Fannie Mae and Freddie Mac’s conservatorships to let the mortgage giants keep more of their profits.

In the face of tough questioning from House members, CFPB Director Kathy Kraninger appeared mostly unfazed and tried to strike a balance between heeding concerns about the agency’s power and supporting its mission to help consumers.

House Financial Services Committee Chairwoman Maxine Waters said she has advised her staff to seek whatever information it needs in investigating Deutsche Bank's ties to President Trump's businesses.

The interagency panel formed to head off approaching systemic risks must figure out its next move after having undone designations of nonbank firms.

The secretary of housing and urban development plans to "finish out this term" but wants to return to "the private sector because I think you have just as much influence, maybe more."