Trump

After the State of the Union speech Tuesday night, members of the House and Senate banking committees said they were intent on trying to address the biggest unresolved piece of financial services policy: housing finance reform.

Recent developments give the impression that the administration and lawmakers are in direct competition, but the ultimate framework may rely on coordination from both branches of government.

Federal Reserve chairman and vice chairman meet the president for dinner, but interest rates aren’t on the menu.

Senior loan officers also expect decline in loan performance; meeting termed "cordial and collegial."

Deutsche Bank denied a request for a loan by the Trump Organization in the midst of Donald Trump's presidential campaign, in part because the German lender was worried about potential reputational issues, according to a person familiar with the matter.

The bank said it will hold back bonuses to its former CEO and others as it probes the 1MDB scandal; the House is looking into the bank’s loans to Trump's firm.

The lawmakers said the lack of someone with a state supervisory background among the agency's three inside board seats violates federal law.

Herman Cain, the former pizza company executive who ran for the Republican presidential nomination in 2012, is being considered by President Trump for a seat on the Federal Reserve Board.

The Federal Housing Finance Agency has appointed a special assistant to President Trump and former Trump campaign official as chief of staff of the agency.

A White House spokeswoman said the administration wants to work with Congress on a housing finance reform plan, providing evidence that changes might not be imminent.