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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 ...
President Trump on Thursday accused two major U.S. banks of discriminating against conservatives during a live event with the CEO of one of those firms. In virtual remarks before a group of ...
(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 ...
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 ...
Yellen said she was troubled by a report that Trump's transition team was exploring ways to reduce, merge, or even eliminate the top bank regulators in Washington, but had no specific insight into ...
President Trump ripped the Federal Reserve and the man he appointed to lead it Wednesday after the central bank kept interest rates steady. In a post on Truth Social, the president accused the Fed ...
DAVOS, SWITZERLAND — JPMorgan Chase (JPM), like the rest of the world, is scrambling to figure out what the start of Trump 2.0 means. The largest US bank set up a "war room" to comb through all ...
Michael Barr had been a target of Republicans for his call for stricter oversight of banks.