Banking and credit regulation

October 10, 2019 - 2:43 pm
WASHINGTON (AP) — The Federal Reserve has approved a package of rules that will ease restrictions imposed on banks following the 2008 financial crisis, giving a victory to the banking industry and President Donald Trump, a vocal critic of the more stringent rules. The Fed's rule changes approved...
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FILE - In this July 17, 2019 file photo, Democratic presidential candidate, Sen. Bernie Sanders, I-Vt., speaks about his "Medicare for All" proposal at George Washington University in Washington. Sanders had a heart attack, his campaign confirmed Friday, Oct. 4, as the Vermont senator was released from a Nevada hospital. Sanders' campaign released a statement from the 78-year-old's Las Vegas doctors that said the senator was stable when he arrived Tuesday at Desert Springs Hospital Medical Center. (AP Photo/Patrick Semansky)
October 07, 2019 - 5:00 am
WASHINGTON (AP) — Bernie Sanders is unveiling a major campaign finance plan, continuing his 2020 presidential bid even as he's at home recuperating from a heart attack. The Vermont senator said Monday that as president he'd enact mandatory public financing laws for all federal elections and ban...
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September 26, 2019 - 2:31 am
THE HAGUE, Netherlands (AP) — Dutch bank ABN AMRO says it is under investigation for possible breaches of the Netherlands' money laundering and terrorism financing legislation. The bank announced the probe in a short statement Thursday and said it will cooperate fully with investigators. Earlier...
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A general view of the Parliament at night in London, Wednesday, Sept. 4, 2019. With Britain's prime minister weakened by a major defeat in Parliament, defiant lawmakers were moving Wednesday to bar Boris Johnson from pursuing a "no-deal" departure from the European Union. (AP Photo/Matt Dunham)
September 04, 2019 - 8:04 pm
LONDON (AP) — The Latest on Britain's bid to leave the European Union (all times local): 9:50 p.m. British Prime Minister Boris Johnson has failed to win sufficient parliamentary support for an early national election on Oct. 15. The vote was 298 in favor and 56 opposed, not enough to force the...
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FILE - In this April 10, 2019 file photo, Education Secretary Betsy DeVos testifies before the House Education and Labor Committee at a hearing on 'Examining the Policies and Priorities of the U.S. Department of Education' on Capitol Hill in Washington.DeVos has issued new rules on loan forgiveness for students defrauded by their colleges, a rewrite of Obama-era regulations that advocates say will make it tougher for students to get any relief. DeVos says schools that defraud students must be held accountable but that the Obama rule, which was aimed at for-profit colleges, wasn’t working. (AP Photo/Manuel Balce Ceneta, File)
August 30, 2019 - 7:03 pm
WASHINGTON (AP) — Education Secretary Betsy DeVos late Friday issued a new rule on loan forgiveness for students defrauded by their colleges, a rewrite of Obama-era regulations that advocates say will make it tougher for students to get relief. DeVos said schools must be held accountable but the...
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FILE - In this Feb. 9, 2017 file photo various gold bars are on display at the Bundesbank headquarter in Frankfurt, Germany. (AP Photo/Michael Probst.file)
July 26, 2019 - 9:57 am
FRANKFURT, Germany (AP) — The European Central Bank says it and 21 national central banks in Europe are letting an agreement regulating gold sales expire, saying the deal struck two decades ago to stabilize the market for the precious metal is no longer needed. The ECB said Friday that the fourth...
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July 25, 2019 - 11:24 am
TALLAHASSEE, Fla. (AP) — The Florida Cabinet has fired the state's top banking regulator amid allegations of sexual harassment and other misconduct. The firing of Financial Regulation Commissioner Ronald Rubin on Thursday comes a week after the release of a state investigator's report asserting...
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In this July 10, 2019, photo a Wells Fargo building is shown in downtown Minneapolis. JP Morgan Chase reports financial results on Tuesday, July 16, 2019. Wells Fargo & Co. reports financial results on Tuesday, July 16. (AP Photo/Jim Mone)
July 16, 2019 - 8:01 am
SAN FRANCISCO (AP) — Consumer banking giant Wells Fargo reported better-than-expected earnings for the second quarter on Tuesday, despite remaining under heavy restrictions by regulators for an assortment of scandals in recent years. The San Francisco-based bank reported second-quarter earnings of...
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Bank of Japan Governor Haruhiko Kuroda, center bottom, speak with other participants prior to G20 Finance Ministers' and Central Bank Governors' Meeting Saturday, June 8, 2019, in Fukuoka, western Japan. (AP Photo/Eugene Hoshiko, Pool)
June 08, 2019 - 3:36 am
FUKUOKA, Japan (AP) — Financial leaders of the Group of 20 gathered Saturday to brainstorm ways to adapt global finance to an age of trade turmoil and digital disruptions. The central bank governors and other financial regulators meeting in this southern Japanese port city also flagged risks from...
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Stephen Calk, center, leaves Federal court with his attorney Jeremy Margolis, left, Thursday, May 23, 2019, in New York. Calk charged in New York with issuing loans to win a role in President Donald Trump's administration has pleaded not guilty. (AP Photo/Mary Altaffer)
May 23, 2019 - 8:25 pm
NEW YORK (AP) — A banker who prosecutors say tried to buy himself a senior post in President Donald Trump's administration by making risky loans to former Trump campaign chairman Paul Manafort pleaded not guilty Thursday to a financial institution bribery charge as his lawyer said he's done nothing...
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