Banking and credit regulation

Treasury Secretary Steven Mnuchin speaks during a House Small Business Committee hearing on oversight of the Small Business Administration and Department of Treasury pandemic programs on Capitol Hill in Washington, Friday, July 17, 2020. (Erin Scott/Pool via AP)
SKY News
July 17, 2020 - 8:04 pm
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin urged Congress Friday to quickly enact a new pandemic relief package targeting hardest-hit swaths of the economy, as lawmakers race to stand up federal aid in the face of the latest spike in coronavirus cases across much of the Sun Belt and...
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Treasury Secretary Steven Mnuchin speaks during a meeting with restaurant industry executives about the coronavirus response, in the State Dining Room of the White House, Monday, May 18, 2020, in Washington. (AP Photo/Evan Vucci)
SKY News
May 19, 2020 - 3:01 am
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin will likely come under tough questioning from senators Tuesday about a small business lending program included in the government's $2 trillion relief package. Lawmakers from both parties have criticized the Payroll Protection Program, which...
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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)
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)
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 14, 2019 - 11:41 am
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 has released new guidelines for the types of mortgages it will insure at condominiums. Just 6.5% of the 150,000 condominium...
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July 26, 2019 - 9:48 am
FRANKFURT, Germany (AP) — The European Central Bank says it and 21 national central banks in Europe are letting a formal agreement regulating gold sales expire, saying the deal that once sought to stabilize the market for the precious metal is no longer needed. The ECB said Friday that the fourth...
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In this July 10, 2019, photo a Wells Fargo building is shown in downtown Minneapolis. JP Morgan Chase reports financial results on Tuesday, July 16, 2019. Wells Fargo & Co. reports financial results on Tuesday, July 16. (AP Photo/Jim Mone)
July 16, 2019 - 9:01 am
SAN FRANCISCO (AP) — Consumer banking giant Wells Fargo reported better-than-expected earnings for the second quarter on Tuesday, despite remaining under heavy restrictions by regulators for an assortment of scandals in recent years. The San Francisco-based bank reported second-quarter earnings of...
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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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Bank of Japan Governor Haruhiko Kuroda, center bottom, speak with other participants prior to G20 Finance Ministers' and Central Bank Governors' Meeting Saturday, June 8, 2019, in Fukuoka, western Japan. (AP Photo/Eugene Hoshiko, Pool)
June 08, 2019 - 4:36 am
FUKUOKA, Japan (AP) — Financial leaders of the Group of 20 gathered Saturday to brainstorm ways to adapt global finance to an age of trade turmoil and digital disruptions. The central bank governors and other financial regulators meeting in this southern Japanese port city also flagged risks from...
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