Trump Tests Fed’s Independence With Order Expanding Authority Over Agencies
A directive calling for oversight over the central bank’s regulatory and supervisory responsibilities has set off alarm.
Banking and Financial Institutions
So, You Want to Get Rid of the Penny. Do You Have a Plan for the Nickel?
President Trump’s plan to eliminate the penny could save the government money, but there’s no guarantee.
Howard Lutnick, Trump’s Commerce Nominee, Discloses Business Interests
Howard Lutnick disclosed details of complex financial interests, including at least $800 million in assets and positions in more than 800 companies.
Ahead of Trump Presidency, the Fed Quits Global Climate Network
Federal Reserve Bank officials said the decision to leave the network came after the group’s work had “increasingly broadened in scope.”
Cookies, Cocktails and Mushrooms on the Menu as Supreme Court Hears Bank Fraud Case
In trying to find the line between false statements and misleading ones in the case of a Chicago politician, members of the Supreme Court posed colorful questions.
Trump Chose 8 Economic Experts Who Will Defend Tariffs and Lower Taxes
President-elect Donald J. Trump has moved beyond the team-of-rivals approach from his first term and chosen economic aides who will defend tariffs and tax cuts.
Biden Administration Moves to Ban Medical Debt From Credit Reports
The future of the new rule remains in question, however, with President-elect Donald J. Trump set to return to the White House this month.
Fed’s Vice Chair to Step Down From Role as Top Bank Supervisor
Michael Barr oversaw an attempt to rewrite financial regulations that came under attack from a wide range of groups, including banks, lawmakers and even some of his colleagues.