Banking and credit regulation

Stephen Calk, center, leaves Federal court with his attorney Jeremy Margolis, left, Thursday, May 23, 2019, in New York. Calk charged in New York with issuing loans to win a role in President Donald Trump's administration has pleaded not guilty. (AP Photo/Mary Altaffer)
May 23, 2019 - 9:25 pm
NEW YORK (AP) — A banker who prosecutors say tried to buy himself a senior post in President Donald Trump's administration by making risky loans to former Trump campaign chairman Paul Manafort pleaded not guilty Thursday to a financial institution bribery charge as his lawyer said he's done nothing...
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FILE - In this Wednesday, May 1, 2019, file photo, Federal Reserve Board Chair Jerome Powell speaks at a news conference following a two-day meeting of the Federal Open Market Committee, in Washington. Powell says a sharp rise in corporate debt is being closely monitored but currently the Fed does not see the types of threats that triggered the 2008 financial crisis. (AP Photo/Patrick Semansky, File)
May 20, 2019 - 8:47 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Monday that the central bank is closely monitoring a sharp rise in corporate debt but currently does not see the types of threats that triggered the 2008 financial crisis. In remarks to a banking conference in Fernandina Beach, Florida,...
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May 20, 2019 - 8:03 am
WASHINGTON (AP) — President Donald Trump is insisting he didn't borrow from many banks because he "didn't need the money," not because they wouldn't do business with him. Trump's tweets Monday appear to be in response to New York Times reporting that Deutsche Bank anti-money laundering specialists...
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FILE - In this Wednesday, April 10, 2019, file photo, Education Secretary Betsy DeVos testifies before the House Education and Labor Committee on Capitol Hill in Washington. A political battle is reheating over a federal program that was designed to cancel student loans for certain public workers but has largely failed to deliver that promise. The program, Public Service Loan Forgiveness, promises to erase federal student loans for public workers who make 10 years of payments while working for approved employers. (AP Photo/Manuel Balce Ceneta, File)
April 29, 2019 - 5:57 am
In 2007, the U.S. government made a promise to public service workers: Make 10 years of payments on their federal student loans and any remaining debt would be erased. But officials have largely failed to deliver. And that's left lawmakers questioning whether to end the program or try to fix it...
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FILE - This Oct. 20, 2018, file photo shows marijuana clone plants displayed for sale by Interstate 5 Farms at the cannabis-themed Kushstock Festival at Adelanto, Calif. California legislators are considering a plan to encourage more banks to do business with its legal marijuana industry. (AP Photo/Richard Vogel, File)
April 22, 2019 - 8:56 pm
LOS ANGELES (AP) — California legislators considered a plan Monday intended to encourage more banks to do business with marijuana companies that have been frozen out of thousands of financial institutions. Most Americans live in states where marijuana is legally available in some form. But most...
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FILE - In this June 19, 2012, file photo Jamie Dimon, CEO of JPMorgan Chase, testifies before the House Financial Services Committee on Capitol Hill in Washington. The heads of some of the U.S.’ largest banks including Dimon will appear in front of Congress on Wednesday, April 10, 2019, for a hearing. (AP Photo/Jacquelyn Martin, File)
April 10, 2019 - 9:44 am
NEW YORK (AP) — The heads of some of the largest banks in the U.S. are appearing in front of Congress Wednesday, for the most significant hearing on the banking industry since Democrats took control of the House. In their prepared testimony, the chief executives of JPMorgan Chase and Goldman Sachs...
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FILE - In this Monday, Nov. 1, 2004 file photo, seven time U.S. Rep. Charles Taylor R-N.C. speaks during a campaign stop at the Asheville Airport, near Fletcher, N.C. A Russian bank owned by former U.S. congressman Charles Taylor has been stripped of its license for allegedly breaking anti-money laundering rules. The Russian Central Bank says that Commercial Bank of Ivanovo committed "numerous" breaches of anti-money laundering legislation and inflated the value of its assets. (AP Photo/Alan Marler, File)
April 05, 2019 - 7:33 am
MOSCOW (AP) — A small Russian bank owned by former U.S. congressman Charles Taylor was stripped of its license Friday after allegedly breaking anti-money laundering rules. Russia's central bank said that Commercial Bank of Ivanovo committed "numerous" breaches of anti-money laundering regulations...
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Wells Fargo CEO Timothy Sloan is questioned by the House Financial Services Committee about revelations the bank had created millions of fake bank accounts to reach their financial goals, on Capitol Hill in Washington, Tuesday, March 12, 2019. (AP Photo/J. Scott Applewhite)
March 12, 2019 - 2:25 pm
WASHINGTON (AP) — The CEO of beleaguered Wells Fargo told Congress Tuesday that the bank has cleaned up its act after a series of scandals that affected millions of customers. But Democrats — and some Republicans — on the House Financial Services Committee didn't seem to be buying it. Wells Fargo...
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People wait for public transportation amid the country’s worst-ever power outage, in Caracas, Venezuela, Friday, March 8, 2019. Much of Venezuela was still without electricity Friday amid the country's worst-ever power outage, raising tensions in a country already on edge from ongoing political turmoil.(AP Photo/Eduardo Verdugo)
March 08, 2019 - 4:29 pm
CARACAS, Venezuela (AP) — The Latest on the political crisis in Venezuela (all times local): 5:15 p.m. An international arbitration tribunal is ruling that Venezuela must pay ConocoPhillips more than $8 billion as compensation for the government's expropriation of the U.S. oil giant's investments...
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Britain's Prime Minister Theresa May leaves 10 Downing Street to make a statement to the Houses of Parliament in London, Tuesday, Feb. 26, 2019. (AP Photo/Matt Dunham)
February 26, 2019 - 1:48 pm
LONDON (AP) — The Latest on Britain's negotiations to leave the European Union (all times local): 6:15 p.m. The British government says most businesses have not adequately prepared for the possibility of the country leaving the European Union without a divorce agreement. The Department for Exiting...
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