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News & Headlines

Mnuchin: Administration Seeking Growth through Tax Reform, Reg Relief

Testifying before the Senate Banking Committee yesterday, Treasury Secretary Steven Mnuchin said he is hoping to collaborate with senators on financial regulatory relief and housing finance reform.

Trump Signs Cybersecurity Executive Order

President Trump yesterday signed a long-awaited executive order directing federal agencies to increase their efforts to mitigate cyber risks.

Fed Survey: Banks Continue to Tighten on CRE Lending

Bankers continued tightening credit for commercial real estate and certain consumer loans in the first quarter of 2017, while commercial and industrial lending standards remained unchanged, according to a Federal Reserve survey.

Financial Choice Act Clears House Committee

The House Financial Services Committee yesterday voted to advance the Financial Choice Act, Chairman Jeb Hensarling’s (R-Texas) sweeping, 600-page bill aimed at reforming parts of the Dodd-Frank Act.