Banking and credit regulation

FILE- In this Feb. 8, 2019, file photo trader Daniel Trimble works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Monday, Feb. 25. (AP Photo/Richard Drew, File)
February 25, 2019 - 11:49 pm
BANGKOK (AP) — Shares were mostly lower in Asia on Tuesday, backtracking from Monday's rally spurred by news that President Donald Trump had pushed back a deadline for raising tariffs on imports from China to allow time for more negotiations. Mainland China indexes rose, however, after a report in...
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February 25, 2019 - 4:20 pm
ROME (AP) — A court in Italy's capital convicted a former Rome mayor of corruption and illegal financing Monday and sentenced him to six years in prison and a lifetime ban on holding public office. Prosecutors had alleged that far-right politician Gianni Alemanno received nearly 300,000 euros ($345...
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Yellow vest protesters march during a protest in Paris, Sunday, Feb. 17, 2019. French yellow vest protesters are marking three months since the kickoff of their anti-government movement, as anti-Semitic remarks by some demonstrators have raised national concern about the movement's ascendant radical fringe. (AP Photo/Thibault Camus)
February 17, 2019 - 5:21 pm
PARIS (AP) — An upsurge in anti-Semitism in France reached a climax this weekend with a torrent of hate speech directed at a distinguished philosopher during a march of yellow vest protesters, adding to questions about the radicalized fringes of the movement hidden within French society and...
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A man protests holding a banner reading in Spanish "The elder people without their pension" outside a BBVA bank building in Madrid, Spain, Friday, Feb. 15. 2019. Hundreds of Chinese have protested outside a Spanish bank's premises in Madrid, claiming they are being denied access to their accounts while the bank insists it is obeying money-laundering laws. (AP Photo/Andrea Comas)
February 15, 2019 - 8:23 am
MADRID (AP) — Hundreds of Chinese have protested outside a Spanish bank in Madrid, claiming they are being unfairly denied access to their accounts while the bank insists it's merely complying with money-laundering laws. Spanish media report that the protesters are demanding access to their money...
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FILE- In this Oct. 23, 2018, file photo, students walk on the campus of Miami Dade College, in Miami. The nine companies and organizations tasked with servicing the accounts of the nation’s 30 million student loan borrowers repeatedly failed to do their jobs properly over a period of years and their regulator neglected to hold them responsible, a new report finds. The report released Thursday, Feb. 14, 2019, by the Department of Education’s independent Inspector General’s office shows some borrowers weren’t getting the guidance and protection they needed as they sought the best plan for paying off their student loans. (AP Photo/Lynne Sladky)
February 14, 2019 - 12:42 pm
NEW YORK (AP) — The nine companies and organizations tasked with servicing the accounts of the nation's 30 million student loan borrowers repeatedly failed to do their jobs properly over a period of years and their regulator neglected to hold them responsible, a new report finds. The report...
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FILE - In this June 27, 2017 file photo, the proprietor of a medical marijuana dispensary prepares his monthly tax payment, over $40,000 in cash, at his Los Angeles store. Congress on Wednesday, Feb. 13, 2019, was urged to fully open the doors of the nation's banking system to the legal marijuana industry, a change that supporters say would reduce the risk of crime and resolve a litany of problems for pot companies from paying taxes to getting a loan. (AP Photo/Jae C. Hong, File)
February 13, 2019 - 6:13 pm
LOS ANGELES (AP) — Bank officials and others urged Congress on Wednesday to fully open the doors of the U.S. banking system to the legal marijuana industry, a change that supporters say would reduce crime risks and resolve a litany of challenges for cannabis companies, from paying taxes to getting...
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Federal Reserve Chairman Jerome Powell addresses a rural policy forum at historically black Mississippi Valley State University in Itta Bena, Miss., Tuesday, Feb. 12, 2019. Powell says that many rural areas have not benefited from the national prosperity and those areas need special support. (AP Photo/Rogelio V. Solis)
February 12, 2019 - 2:50 pm
ITTA BENA, Miss. (AP) — Federal Reserve Chairman Jerome Powell said Tuesday he does not feel the probability of a recession "is at all elevated," and that the country is continuing to see solid economic growth. But in a visit to a historically black university in the Mississippi Delta, Powell said...
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FILE - This Aug. 22, 2003 file photo shows the corporate headquarters of BB&T in Winston-Salem, N.C. Southern regional banks BB&T and SunTrust are combining in an all-stock deal valued at about $66 billion. The banks said Thursday, Feb. 7, 2019 that the combined company will be the sixth-largest U.S. bank based on assets and deposits. It will have approximately $442 billion in assets, $301 billion in loans and $324 billion in deposits serving more than 10 million households (David Rolfe/The Winston-Salem Journal via AP)
February 07, 2019 - 12:39 pm
NEW YORK (AP) — Southern banking giants BB&T and SunTrust announced they would merge in a $66 billion deal, the first big bank merger since the chaos of the 2008 financial crisis. The deal would create yet another financial titan in the U.S. The combined company will be the sixth-largest retail...
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FILE- In this Aug. 9, 2018, photo a manager of a financial services store in Ballwin, Mo., counts cash being paid to a client as part of a loan. The nation's federal financial watchdog has announced its plans to roll back most of its consumer protections governing the payday lending industry. It's the Consumer Financial Protection Bureau's first rollback of regulations under its new Director, Kathy Kraninger, who took over the bureau late last year. (AP Photo/Sid Hastings, File)
February 06, 2019 - 4:48 pm
NEW YORK (AP) — The nation's federal financial watchdog said Wednesday that it plans to abolish most of its critical consumer protections governing payday lenders. The move is a major win for the payday lending industry, which argued the government's regulations could kill off a large chunk of its...
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FILE - In this Jan. 24, 2019 file photo, Sebring Police Chief Karl Hoglund answers a question during a news conference in Sebring, Fla. Five people were shot and killed on Wednesday at a SunTrust Bank. The police chief in Sebring, Fla, declined to release some of the slain women's names at the request of their families, citing a provision in the "Marsy's Law" amendment to the state Constitution that voters approved in November. Florida's law specifically allows crime victims to prevent the disclosure of information that could be used to locate or harass them or their families. Marsy's Law is being bankrolled by a California billionaire whose sister, Marsalee Nicholas, was slain in 1983. (AP Photo/Chris O'Meara, File)
January 25, 2019 - 6:09 pm
OKLAHOMA CITY (AP) — A Florida police chief's decision not to release the names of some of the five women killed in a bank shooting this week represents the first high-profile test of a law being enacted in several states that pits victim privacy against the public's right to know. The police chief...
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