Trump Sought a Loan During the 2016 Campaign. Deutsche Bank Said No.

The failed loan request is an untold chapter in Mr. Trump’s long and tortured relationship with the banking industry. It Continue reading →

Former Fed Chairman Paul Volcker thinks ‘we’re in a hell of a mess’

Former Federal Reserve Chairman Paul Volcker, who has reached legend status in the world of central banking, isn’t optimistic about Continue reading →

House sends bill loosening banking regulations to Trump’s desk

President Donald Trump pledged on the campaign trail to “do a big number” on the Dodd-Frank Act. And now a Continue reading →

Senators Approve Sweeping Rollback of Dodd-Frank Banking Regulations

Back on Capitol Hill, senators voted 67 to 31 in favor of a sweeping, bipartisan bill rolling back many of Continue reading →

Wells Fargo Hit With Unusual Ban on Growth in Yellen’s Final Act

After markets closed on her final workday in office, Federal Reserve Chair Janet Yellen delivered a blow to one of Continue reading →

Wells Fargo whistleblower says she flagged fraud years ago

Illinois is now the second state to punish Wells Fargo for its phony accounts scandal. On Monday the state joined Continue reading →

Quote of the Day: Senator Elizabeth Warren smacks-down Wells Fargo CEO John Stumpf

“Okay, so you haven’t resigned.  You haven’t returned a single nickel of your personal earnings.  You haven’t fired a single Continue reading →

Warren Wants FBI Transparency About Financial Crisis

Sen. Elizabeth Warren wants the FBI to explain why people involved in causing the 2008 financial crisis didn’t face criminal Continue reading →