Satoshi Nakamoto Blog

Tag : Policymaking

coronavirus Federal Reserve House Financial Services Committee paycheck protection program Policymaking Senate Banking Committee Treasury Department

Will Congress’s coronavirus response watchdog have any teeth?

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WASHINGTON — An oversight panel to scrutinize Treasury Department and Federal Reserve lending programs aiding businesses hurt by the coronavirus could create a clash between...
coronavirus Federal Reserve Jerome Powell Mike Crapo Policymaking Senate Banking Committee Steven Mnuchin Treasury Department

GOP senator asks Treasury, Fed for virus-aid details

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The head of the Senate panel overseeing Federal Reserve and Treasury Department efforts to boost the U.S. economy urged the agencies to remember their disclosure...
coronavirus Federal Reserve Jerome Powell Mike Crapo Policymaking Senate Banking Committee Steven Mnuchin Treasury Department

Crapo wants more transparency from Fed, Treasury on stimulus effort

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The head of the Senate panel overseeing Federal Reserve and Treasury Department efforts to boost the U.S. economy urged the agencies to provide “quick” guidance...
American Bankers Association Consumer Bankers Association coronavirus Finance investment and tax-related legislation Overdrafts Policymaking Treasury Department

Banks join calls to shield stimulus checks from debt collection

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WASHINGTON — A growing chorus of voices is calling on Congress to protect the stimulus checks being sent to Americans across the nation this week...
Betsy Duke compliance Corporate governance enforcement House Financial Services Committee Maxine Waters patrick mchenry Policymaking Wells Fargo

Takeaways from ex-Wells Fargo board members’ visit to Congress

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WASHINGTON — House lawmakers once again aired their yearslong grievances with Wells Fargo in a hearing Wednesday that, this time, featured two former members of...
Bernie Sanders Community banks Dodd-Frank Election 2020 Elizabeth Warren Policymaking Regulatory reform

Election 2020: Is nightmare scenario closer to reality for banks?

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WASHINGTON — The rise of Sen. Bernie Sanders to front-runner status in the race for the Democratic presidential nomination is increasingly causing alarm among industry...
CFPB Community banks Election 2020 facial recognition failures Finance and investment-related court cases fintech m&a marketplace lending Policymaking

PNC gets sued, LendingClub buys bank, regulators spar: Top stories of the week

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Tech firm accuses PNC of stealing trade secrets; online lender LendingClub agrees to acquire Radius Bank; questions arise whether regulators are turning more partisan; and...
Deposit insurance Federal Reserve Monetary policy Pat Toomey Policymaking Senate Banking Committee

Trump nominee for Fed seat gets cold shoulder from senators

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WASHINGTON — Senators from both parties expressed significant concerns about one of two pending nominees for the Federal Reserve Board, raising doubts about her confirmation....