As Trump Attacks D.E.I., Wall Street Worries
Posted inAppointments and Executive Changes Banking and Financial Institutions Citigroup Inc Diversity Initiatives Goldman Sachs Group Inc Hedge Funds Minorities Nasdaq Stock Market Paribas Race and Ethnicity Regulation and Deregulation of Industry Solomon, David M Trump, Donald J United States Politics and Government Vanguard Group Inc

As Trump Attacks D.E.I., Wall Street Worries

Goldman Sachs will drop a demand that corporate boards of directors include women and members of minority groups as financial firms backpedal from D.E.I. promises.
Fed Chair Faces Lawmakers at a Critical Juncture
Posted inBanking and Financial Institutions Executive Orders and Memorandums Federal Reserve System House Financial Services Committee Inflation (Economics) Interest Rates Powell, Jerome H Senate Committee on Banking United States Economy United States Politics and Government Warren, Elizabeth Waters, Maxine

Fed Chair Faces Lawmakers at a Critical Juncture

Jerome H. Powell is set to testify as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve’s policy independence is in the spotlight.
36 Hours After Russell Vought Took Over Consumer Bureau, He Shut Its Operations
Posted inAppointments and Executive Changes Banking and Financial Institutions Consumer Financial Protection Bureau Mulvaney, Mick Personal Finances Regulation and Deregulation of Industry Subprime Mortgage Crisis Trump, Donald J United States Politics and Government Vought, Russell T

36 Hours After Russell Vought Took Over Consumer Bureau, He Shut Its Operations

The agency had been one of Wall Street’s most feared regulators, with the power to issue rules on mortgages, credit cards, student loans and other areas affecting Americans’ financial lives.