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Today: April 17, 2025
Today: April 17, 2025
Pete Schroeder

Pete Schroeder

Staff Writer

Latest From Pete Schroeder

Business|Economy|Finance|Political|US

Trump fires Democratic board members of the credit union watchdog

The White House has fired two Democratic board members of the National Credit Union Administration, the officials said on Wednesday, as President Donald Trump expanded

Trump fires Democratic board members of the credit union watchdog
Business|Finance|Political|US

US consumer bureau dismisses case against Comerica Bank, filing says

The U.S.

US consumer bureau dismisses case against Comerica Bank, filing says
Business|Economy|Finance|Political|US

US bank regulator begins work with DOGE staff, email says

The U.S.

US bank regulator begins work with DOGE staff, email says
Business|Economy|Finance|Political|US

Fed's Bowman vows 'pragmatic' rulemaking as top bank regulator

Federal Reserve Governor Michelle Bowman told lawmakers on Thursday that she would overhaul how the U.S. central bank monitors large banks, encourage

Fed's Bowman vows 'pragmatic' rulemaking as top bank regulator
Business|Economy|Finance|Political|US

Trump can likely reach tariff deals with US allies, Bessent says

U.S.

Trump can likely reach tariff deals with US allies, Bessent says
Business|Economy|Finance|Political|US

Bessent says US Treasury to take stronger role in bank regulation, easing undue burdens

U.S.

Bessent says US Treasury to take stronger role in bank regulation, easing undue burdens
Business|Economy|Finance|Political|Stock Markets|US

Dimon warns of economic impact of trade war, sees possible recession

JPMorgan Chase CEO Jamie Dimon on Monday warned that trade wars could have lasting negative consequences, days after he and other U.S. bank CEOs

Dimon warns of economic impact of trade war, sees possible recession
Business|Economy|Finance|Political|US

US Commerce Secretary Lutnick, bank CEOs discussed tariffs one day after announcement

The heads of the largest U.S. banks met with Commerce Secretary Howard Lutnick last week and discussed President Donald Trump's tariff plans a day after they

US Commerce Secretary Lutnick, bank CEOs discussed tariffs one day after announcement
Business|Economy|Finance|Political|US

US bank regulators to rescind updated fair lending rules following bank litigation

U.S. bank regulators announced Friday they intended to rescind a 2023 update to fair lending rules for banks and reinstate the prior requirements, citing a

US bank regulators to rescind updated fair lending rules following bank litigation
Business|Finance|Political|US

FDIC says banks can engage in crypto activities without prior approval

Another U.S. bank regulator has announced that banks do not need to receive advance permission to engage in some crypto-related activities.

FDIC says banks can engage in crypto activities without prior approval
Business|Economy|Finance|Political|US

Bank bosses call for softer rules, Trump-nominated regulators listen

U.S. banking giants are pushing for a swath of lighter regulations from President Donald Trump's administration, and say they

Bank bosses call for softer rules, Trump-nominated regulators listen
Business|Economy|Finance|Political|US

Trump nominates Federal Reserve Governor Bowman as vice chair for supervision

U.S.

Trump nominates Federal Reserve Governor Bowman as vice chair for supervision
Business|Economy|Finance|Political|US

Big bank deals stalled by Trump volatility even as officials signal deregulation

Big banks are holding off on acquisitions and staying cautious about the Trump administration's pledges to unleash dealmaking, according

Big bank deals stalled by Trump volatility even as officials signal deregulation
Business|Economy|Finance|Political|US

Senate approves Pulte for Fannie, Freddie regulator

The U.S.

Senate approves Pulte for Fannie, Freddie regulator
Business|Political|US

Trump pick to lead consumer bureau clears key Senate hurdle

A Senate banking panel voted on Thursday to advance President Donald Trump's nomination of former regulator Jonathan McKernan to lead the

Trump pick to lead consumer bureau clears key Senate hurdle
Economy|Finance|Political|US

US Senate panel presses consumer watchdog pick over agency stoppage

President Donald Trump's pick to oversee a consumer watchdog faced a grilling from Democrats in the U.S.

US Senate panel presses consumer watchdog pick over agency stoppage
Business|Economy|Finance|US

US bank profits climb as regulator adjusts 'problem bank' tracking

U.S. banking sector profits rose 2.3% to $66.8 billion in the fourth quarter of 2024, a bank regulator reported on Tuesday, as it also announced moves to

US bank profits climb as regulator adjusts 'problem bank' tracking
Political|US

Trump says Dan Bongino to be FBI deputy director

President Donald Trump said in a post on social media Sunday that Dan Bongino, a conservative talk show host, will be deputy director of the FBI.

Trump says Dan Bongino to be FBI deputy director
Business|Economy|Finance|Political|US

US financial regulator OCC joins other agencies in firing staff

The U.S. regulator charged with monitoring large national banks told staff on Friday it was firing 76 probationary employees, making it

US financial regulator OCC joins other agencies in firing staff
Business|Economy|Finance|Political|US

Fed's Barr, stepping down from regulatory post, warns against weaker bank rules

The Federal Reserve's top regulatory official cautioned Thursday against a weakening of bank rules and oversight that could make firms vulnerable to surprise

Fed's Barr, stepping down from regulatory post, warns against weaker bank rules
Business|Economy|Political|Technology|US

Trump, Musk target tax enforcers, rocket scientists, bank regulators for job cuts

President Donald Trump's administration targeted on Tuesday bank regulators, rocket scientists and tax enforcers

Trump, Musk target tax enforcers, rocket scientists, bank regulators for job cuts

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