The Fed’s top bank cop, Michael Barr, is stepping down early to avoid a legal battle with Trump. If the Federal Reserve is politicized and weakened, the winners will be large financial institutions and the losers will be all of us. Unfortunately, that’s already happening before President-elect Donald Trump is even sworn in.
Trump-picked leaders at the FDIC and OCC along with a new supervisory point person at the Fed may lead to softer crypto regulation.
The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how regulation of the financial system could help combat climate change. The Fed's membership has been criticized by Republicans in Congress.
The submissions to the RBA’s payments review offer a wide range of opinions on surcharging — but critical issues remain overlooked.
The central bank said it had decided to leave the network after the group’s work “increasingly broadened in scope.”
Donald Trump is expected to elevate Michelle Bowman, a fifth-generation community banker and current Fed governor, as the government’s most influential banking regulator.
Citing concerns about going outside its statutory mandate, the Federal Reserve Board of Governors voted to leave the Network of Central Banks and Supervisors for Greening the Financial System.
It's the latest sign that U.S. financial regulators will avoid climate-related policies in the second Trump administration.
The Federal Reserve announced on Friday its decision to withdraw from the Network of Central Banks and Supervisors for Greening the Financial System (NGFS), a global coalition aimed at addressing climate-related financial risks.
The annual fee is steep, but it's more than worth it for those who want to travel in comfort and also bring a friend along. It's a luxury card for those who fly frequently with Delta and can ...
ABC News’ Karen Travers reports. Former President Donald Trump's pledges have included issues involving his ongoing federal cases, as well as the border and immigration. The price of bitcoin ...
Federal Reserve Vice Chair of Supervision Michael Barr's decision on Monday to resign early from his regulatory oversight role sets up an early test of how Donald Trump will try to shape the U.S ...