U.S. banks had a lot to cheer about after Donald Trump won the presidential election, with shares of most bank stocks surging. But that euphoria isn’t expected to be short-lived, with Reuters reporting the rally last week is just a little taste of what is to...
President-elect Donald Trump appears to be embracing a plan put forth this past summer by Jeb Hensarling, the Republican chair of the U.S. House Financial Services Committee, that aims to weaken the Dodd-Frank law, reported Reuters. Get the Full Story Complete the form to unlock this article...
Ever since Donald Trump won the presidency, shares of bank stocks have been surging, lining the pockets of their CEOs to the tune of $159 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Peter Thiel, the PayPal cofounder, investor and a rare Trump supporter in Silicon Valley, has been named to the president-elect’s transition team. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
There is a long and glorious tradition in the United States of the people of the United States threatening to move to Canada in the event a Presidential election doesn’t turn out quite their way. It really doesn’t matter which election in which year, as...
So much for being anti-establishment. Just a day after Donald Trump won an historic and unexpected victory to become the nation’s 45th president, his advisors want him to consider a Wall Street player as treasury secretary. Get the Full Story Complete the form to unlock...
The U.S. government on Thursday (Nov. 10) requested a federal appeals court to reexamine a recent decision that lets American Express prevent merchants from encouraging customers to use credit cards outside of Amex that have lower fees associated with them. Get the Full Story Complete...
The Federal Trade Commission said on Thursday (Nov. 10) that NetSpend Corp. has been misleading to consumers of its prepaid cards, with promises that they would have immediate access to funds, with “no holds and no waiting.” Get the Full Story Complete the form to...
Now that the simple surprise factor has worn off and Americans and global markets have started getting their heads around the idea of President Donald J. Trump, the inevitable question coming is “now what?” Everyone understands that Trump won, of course — but the pressing question...
