Satoshi Nakamoto Blog

Category : Policymaking

AML Bankshot Enforcement actions financial crimes House Financial Services Committee Money Laundering Policymaking

Could Deutsche Bank probe be an opening for AML reform?

The increasing interest in Deutsche Bank’s connections to the Trump Organization is primarily about Russia’s election meddling. But a focus on money-laundering violations might also
Corporate governance CRA Digital Banking Financial regulations House Financial Services Committee Policymaking Wells Fargo

‘Theater of the absurd’: Comments of the week

Readers respond to this week’s big-bank CEO hearing before the House, weigh the debate over Community Reinvestment Act reform, consider whether Wells Fargo needs a
Bank of America Brian Moynihan citigroup Corporate governance House Financial Services Committee Jamie Dimon JPMorgan Chase Michael Corbat Policymaking TBTF

Guns, CECL and ‘too big to manage’: Big-bank CEOs on Capitol Hill

WASHINGTON — House Democrats and Republicans could not be further apart when it comes to the country’s biggest banks, with Democrats arguing they must be
Finance House Financial Services Committee investment and tax-related legislation Mike Crapo Policymaking Risk management Senate Banking Committee Wells Fargo

Choke Point epilogue: Are banks free to refuse service?

WASHINGTON — The battle lines drawn over federal efforts to restrict bank relationships with politically risky industries used to be clear cut. Not anymore. For
Federal Reserve Monetary policy Policymaking Ron Wyden Senate Banking Committee Sherrod Brown Tax debts Trump administration

Senators request details from Trump’s Fed pick on unpaid taxes

WASHINGTON — Sens. Sherrod Brown, D-Ohio, and Ron Wyden, D-Ore., pressed Stephen Moore, a presumed nominee for the Federal Reserve Board, for information on his
C-suite Corporate ethics Elizabeth Warren financial crimes Financial regulations Policymaking Tim Sloan Wells Fargo

Warren doubles down on ending ‘too big to jail’

WASHINGTON — Sen. Elizabeth Warren, D-Mass., introduced legislation Wednesday that would require executives of large corporations to serve jail time when their companies commit crimes,
Fannie Mae FHFA Freddie Mac GSE reform GSEs Joseph Otting Minimum capital requirements Policymaking Risk-based capital rule Treasury Department

GSE capital rule expected this summer: FHFA’s Otting

WASHINGTON — The Federal Housing Finance Agency is planning to finalize its proposed capital requirements for the government-sponsored enterprises this summer, according to acting Director