Biden Administration
- Health
Op-ed: Gina McCarthy takes the reins on national climate action
Gina McCarthy, President Biden’s Director of the Office of Domestic Climate Policy, has her work cut out for her. Her…
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FHFA will allow borrowers to prolong forbearance plans
WASHINGTON — The Federal Housing Finance Agency is allowing borrowers with loans backed by Fannie Mae and Freddie Mac to…
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Tough choice for next OCC chief: Erase or redefine ‘fair access’ rule
WASHINGTON — The general consensus is that the Office of the Comptroller of the Currency will expunge a Trump-era bank…
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How Democrats could gain control of FDIC’s agenda
WASHINGTON — The sudden shift to a Democratic-backed regulatory agenda could affect policies of the Federal Deposit Insurance Corp. even…
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Biden’s broadband plan will help banks reach new markets
As President Biden sets about making his agenda a reality, there’s one item that the banking industry must be ready…
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Biden administration likely to cut FHA premiums despite credit risks
WASHINGTON — A little more than a week into President Biden’s term, mortgage industry experts and investors are already pricing…
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Fudge pledges to increase affordable housing, work with Congress at HUD
WASHINGTON — President Biden’s nominee to lead the Department of Housing and Urban Development pledged to lawmakers Thursday that if…
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OCC halts publication of ‘fair access’ rule
WASHINGTON — The Office of the Comptroller of the Currency will pause the publication of a controversial final rule that…
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Biden calls on HUD to examine Trump-era changes to fair housing rules
President Biden signed an executive action on Tuesday directing the Department of Housing and Urban Development to examine the impact…
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Biden’s OCC expected to chart new course for fintechs, crypto, AML
For more content like this, from the industry leader in global payments coverage, please visit PaymentsSource.com. The Biden administration is…
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Biden’s banking picks shouldn’t expect Yellen treatment
WASHINGTON — Anyone witness to the recent hyper-partisan environment might take note of the Senate’s confirmation of Treasury Secretary Janet…
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Racial equity is a crucial measure of a rule’s effectiveness
President Biden’s initial actions after inauguration included an order ending the decades-old practice of measuring rules in terms of dollar…
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Will Biden, Democrats renew push to tax big banks?
As Democrats regain power in Washington, a tax that banks successfully opposed throughout the Obama administration is poised to get…
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What will incoming CFPB chief do with $570 million consumer aid fund?
As Democrats take control of the Consumer Financial Protection Bureau, observers are questioning how a new director will tap a…
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Yellen wins confirmation to become first woman as Treasury chief
Janet Yellen was confirmed by the U.S. Senate as the country’s 78th Treasury secretary and the first woman to hold…
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With Democrats in power, will CRA be expanded to nonbanks?
WASHINGTON — The election of President Biden and turnover in leadership of the federal banking agencies not only means a…
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Biden team lays groundwork to reverse Trump-era banking policies
WASHINGTON — The Biden administration appears to be wasting no time attempting to unravel Trump-era financial policies. The new president…
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Biden offers Fed veteran Nellie Liang top post at Treasury
President Joe Biden is offering Nellie Liang, a veteran of the Federal Reserve and expert in financial regulation, a top…
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Former Cordray aide selected for interim CFPB post
Dave Ueijo, the chief strategy officer at the Consumer Financial Protection Bureau, was named acting director of the CFPB and…
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Biden expected to nominate ex-Treasury official Barr to lead OCC
President Biden is expected to tap an Obama-era Treasury Department official to lead the agency that oversees Wall Street’s biggest…
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CFPB’s Kraninger resigns just as Biden takes office
Consumer Financial Protection Bureau Director Kathy Kraninger resigned Wednesday, clearing the way for the Biden administration to pick a successor.…
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Biden’s plans for payday loans and crypto take shape
For more content like this, from the industry leader in global payments coverage, please visit PaymentsSource.com. With Joe Biden returning…
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Biden’s CFPB nominee could take reins before Senate vote
Rohit Chopra, President-elect Joe Biden’s choice to head the Consumer Financial Protection Bureau, is expected to hit the ground running…
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