Donald Trump

OCC Head Wants To Loosen Regulatory Rules Placed On Wells Fargo

OCC Head Wants To Loosen Regulatory Rules Placed On Wells Fargo
OCC Head Wants To Loosen Regulatory Rules Placed On Wells Fargo
October 31, 2017  |  Legal & Regulation

In banking news, Keith Noreika, the acting U.S. Comptroller of the Currency, is trying to make it easier for Wells Fargo to pay employees when...

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CFPB Rule On Arbitration Possibly To Be Overturned
CFPB Rule On Arbitration Possibly To Be Overturned
September 27, 2017  |  CFPB

The U.S. Senate is expecting to overturn a new ban on banks and credit card companies requiring customers to surrender their right to sue in...

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SMBs Losing Hope Over U.S. Tax Reform
SMBs Losing Hope Over U.S. Tax Reform
September 26, 2017  |  B2B Payments

Small and medium-sized businesses (SMBs) in the U.S., which remain largely optimistic about the economy, are beginning to run out of patience with the White...

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American Banks Blocked From Doing Business With North Korea
American Banks Blocked From Doing Business With North Korea
September 22, 2017  |  Bank Regulation

A new sanctions order bans banks doing business in North Korea to also operate in the United States. Reuters reported that the new international finance order...

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Perfumania Files For Chapter 11
Perfumania Files For Chapter 11
August 28, 2017  |  Retail

Things are looking tough for Perumania Holdings, a U.S, retailer with exclusive distribution rights to various Trump-branded colognes. According to reports from Reuters, the firm...

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Fed Chair Says Financial Reform Hasn’t Hurt Economy
Fed Chair Says Financial Reform Hasn’t Hurt Economy
August 28, 2017  |  Bank Regulation

Federal Reserve Chair Janet Yellen defended financial reforms that were put in place after the Great Recession, arguing they have strengthened the financial system and...

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CFPB Could Scale Back Payday Lending Rule To Get It Done
CFPB Could Scale Back Payday Lending Rule To Get It Done
August 28, 2017  |  Bank Regulation

The Consumer Financial Protection Bureau is gearing up to scale back its rule on payday lending, giving the industry a  potential break from oversight. Get...

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White House Gives US Cyber Command More Independence
White House Gives US Cyber Command More Independence
August 21, 2017  |  Cybersecurity

Taking a page from the Obama Administration, President Donald Trump announced news on Friday (Aug. 18) that the White House is elevating the U.S. Cyber...

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