A major figure in the U.S. Senate has urged the Federal Reserve to keep one of the biggest banks in the country under sanctions—unless or until the bank fires its CEO. Get the story here.
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Mulvaney Vows CFPB Will Follow Law Without ‘Choking Off Access to Capital’
Speaking during a press conference following a chaotic and confusing morning at the CFPB, Mulvaney had harsh words about the CFPB’s past actions, but added that he was “not here to shut the place down.”
Read More »Obama, Warren Assess Progress of Wall Street Reform
President Obama met with Sen. Elizabeth Warren, the primary architect of the Consumer Financial Protection Bureau and a champion of Wall Street reform, over the weekend to talk about how far the American financial system has come since the crisis.
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