Trump establishes committee to investigate Fed’s Cook
President Donald Trump announced the formation of a committee to investigate allegations of mortgage impropriety by Federal Reserve Gov. Lisa Cook in an effort to remove her from office.
Political Risk
House Republicans debut CFPB reform package
The Republican proposal would bring the CFPB under congressional appropriations and curb several of its regulatory powers.
Judge blocks HUD overhaul of fair housing grants
A federal judge Wednesday said the Department of Housing and Urban Development failed to justify a sharp overhaul of a long-standing fair-housing grant program.
CDFIs file lawsuit against Treasury to release funding
A group of community development financial institutions are asking a federal court in California to compel Treasury to disburse funds from the CDFI Fund before they expire in September.
CFPB pick Johnson eludes Democrats in confirmation hearing
Brian Johnson, President Trump's nominee to lead the Consumer Financial Protection Bureau, navigated a somewhat contentious Senate Banking Committee hearing dominated by Democratic opposition but without giving away specific plans he has for the agency.
Trump says he won’t sign housing bill
The bill, which passed with wide bipartisan support, will become law at midnight if President Donald Trump doesn't veto it.
Key questions for Fed still unanswered after Cook decision
Lisa Cook can keep her seat on the Federal Reserve Board thanks to the Supreme Court's procedural concerns. Deeper questions about the central bank might not come for years — if at all.
Housing bill expected to become law — sooner or later
House Speaker Mike Johnson, R-La., reportedly plans to send the recently passed housing bill to the White House on Monday, starting a 10-day clock for the president to sign the bill.
Trump abruptly cancels housing bill signing
President Donald Trump said he wouldn't sign the housing bill, which includes several riders aimed at helping community banks, until Congress passes the SAVE Act.
Senate Dems press White House to fill vacancies on FDIC, NCUA
Banking Committee Democrats warned that the Trump administration's failure to nominate Democrats to vacancies at the Federal Deposit Insurance Corp., Securities and Exchange Commission and National Credit Union Administration threatens the bipartisan structure Congress established for financial regulators.
