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…
Read More » - Banking
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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