Banking and credit regulation

FILE - In this Jan. 30, 2019, file photo Federal Reserve Chairman Jerome Powell speaks at a news conference in Washington. The Federal Reserve has approved a package of rules that will ease restrictions imposed on banks following the 2008 financial crisis, giving a victory to the banking industry and President Donald Trump, a vocal critic of the more stringent rules. (AP Photo/Alex Brandon, File)
1010 WINS Newsroom
October 10, 2019 - 5:01 pm
WASHINGTON (AP) — The Federal Reserve is easing restrictions imposed on banks following the 2008 financial crisis, giving a victory to the banking industry and President Donald Trump. The Fed on Thursday approved a set of rule changes that implement legislation passed by Congress last year to...
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FILE - In this July 17, 2019 file photo, Democratic presidential candidate, Sen. Bernie Sanders, I-Vt., speaks about his "Medicare for All" proposal at George Washington University in Washington. Sanders had a heart attack, his campaign confirmed Friday, Oct. 4, as the Vermont senator was released from a Nevada hospital. Sanders' campaign released a statement from the 78-year-old's Las Vegas doctors that said the senator was stable when he arrived Tuesday at Desert Springs Hospital Medical Center. (AP Photo/Patrick Semansky)
1010 WINS Newsroom
October 07, 2019 - 6:00 am
WASHINGTON (AP) — Bernie Sanders is unveiling a major campaign finance plan, continuing his 2020 presidential bid even as he's at home recuperating from a heart attack. The Vermont senator said Monday that as president he'd enact mandatory public financing laws for all federal elections and ban...
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September 26, 2019 - 3:31 am
THE HAGUE, Netherlands (AP) — Dutch bank ABN AMRO says it is under investigation for possible breaches of the Netherlands' money laundering and terrorism financing legislation. The bank announced the probe in a short statement Thursday and said it will cooperate fully with investigators. Earlier...
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A general view of the Parliament at night in London, Wednesday, Sept. 4, 2019. With Britain's prime minister weakened by a major defeat in Parliament, defiant lawmakers were moving Wednesday to bar Boris Johnson from pursuing a "no-deal" departure from the European Union. (AP Photo/Matt Dunham)
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September 04, 2019 - 9:04 pm
LONDON (AP) — The Latest on Britain's bid to leave the European Union (all times local): 9:50 p.m. British Prime Minister Boris Johnson has failed to win sufficient parliamentary support for an early national election on Oct. 15. The vote was 298 in favor and 56 opposed, not enough to force the...
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August 30, 2019 - 6:54 pm
WASHINGTON (AP) — Education Secretary Betsy DeVos has issued a new rule on loan forgiveness for students defrauded by their colleges, a rewrite of Obama-era regulations that advocates say will make it tougher for students to get relief. DeVos says schools must be held accountable but that the Obama...
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FILE - In this April 16, 2019, file photo, new condos under construction are being built in vacant lots in a neighborhood near downtown Orlando, Fla. The Federal Housing Administration is changing regulations to make it easier for more first-time condo buyers to receive mortgages. The federal agency released new guidelines Wednesday for the types of mortgages it will insure at condominiums. (AP Photo/John Raoux, File)
August 14, 2019 - 12:03 pm
WASHINGTON (AP) — The Federal Housing Administration is changing regulations to make it easier for more first-time condo buyers to receive mortgages. The federal agency released new guidelines Wednesday for the types of mortgages it will insure at condominiums. Just 6.5% of the 150,000 condominium...
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FILE - In this Feb. 9, 2017 file photo various gold bars are on display at the Bundesbank headquarter in Frankfurt, Germany. (AP Photo/Michael Probst.file)
July 26, 2019 - 10:57 am
FRANKFURT, Germany (AP) — The European Central Bank says it and 21 national central banks in Europe are letting an agreement regulating gold sales expire, saying the deal struck two decades ago to stabilize the market for the precious metal is no longer needed. The ECB said Friday that the fourth...
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July 25, 2019 - 12:24 pm
TALLAHASSEE, Fla. (AP) — The Florida Cabinet has fired the state's top banking regulator amid allegations of sexual harassment and other misconduct. The firing of Financial Regulation Commissioner Ronald Rubin on Thursday comes a week after the release of a state investigator's report asserting...
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Facebook CEO Mark Zuckerberg's face is visible on a mock "Zuck Buck" depicted on a screen behind David Marcus, CEO of Facebook's Calibra digital wallet service, as he is questioned by Rep. Brad Sherman, D-Calif., during a House Financial Services Committee hearing on Facebook's proposed cryptocurrency on Capitol Hill in Washington, Wednesday, July 17, 2019. (AP Photo/Andrew Harnik)
July 17, 2019 - 5:05 pm
WASHINGTON (AP) — Facebook endured a second day of criticism from Congress over its plan to create a digital currency as senior House Democrats asked Facebook to scale back the project and threatened legislation that would block big tech companies from getting into banking. Facebook's massive...
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Treasury Secretary Steve Mnuchin speaks during a news briefing at the White House, in Washington, Monday, July 15, 2019. (AP Photo/Carolyn Kaster)
July 15, 2019 - 6:23 pm
WASHINGTON (AP) — The Trump administration came out strongly Monday against Facebook's ambitious plan to create a new digital currency, as the Treasury chief warned it could be used for illicit activity such as money laundering, human trafficking and financing terrorism. Treasury Secretary Steven...
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