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Trump advisers and potential nominees have also discussed plans to either combine or otherwise restructure the main federal bank regulators: the FDIC, OCC and the Federal Reserve, the WSJ report ...
(Reuters) -U.S. bank stocks were unfazed on Friday after a report that President-elect Donald Trump's team had floated the idea of shrinking or eliminating a top banking regulator, with analysts ...
The people in Donald Trump’s orbit are floating some dramatic ideas that would remake the way banks are regulated. There are lots of questions about whether any of the ideas will come to pass.
Trump’s team has also asked if the FDIC could be absorbed into the Treasury Department. But, if it were to happen, it would be a massive shakeup in the industry. The FDIC was created during the ...
If Republican former President Donald Trump wins the U.S. election on Nov. 5 he is expected to swiftly overhaul the country's financial regulators, which under Democratic President Joe Biden have ...
On February 27, SVB Financial Group CEO Greg Becker sold 12,451 shares of company stock, worth $3.6 million, through an executive trading plan that he filed with the SEC under Rule 10b5-1 on January 26. The rule has been criticized as a loophole allowing for insider trading. Beginning April 1, the SEC will require a minimum 90-day cooling ...
US banks have a lot riding on the outcome of Election Day even if they’re not 100% sure how either candidate might treat their industry. Most observers expect Donald Trump to be more favorable.
The CFPB filed a recent lawsuit against Capitol One over accusations that the bank illegally charged customers over $2 billion in interest. The agency also played a role in protecting both federal ...