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United States

Pete Schroeder

Fingerprints and finances: next Wells Fargo CEO will be under regulatory microscope

May 21 2019

WASHINGTON From submitting their fingerprints to giving up their tax records, Wells Fargo & Co's next chief executive will go through a vetting process that could rival that of top U.S. government officials.

U.S. bank regulator will vet next Wells Fargo CEO

May 15 2019

WASHINGTON A top U.S. bank regulator said on Wednesday it will vet Wells Fargo & Co's pick for its next chief executive, a development that could complicate the scandal-hit lender's efforts to find a permanent replacement for CEO Tim Sloan.

U.S. bank regulator will vet next Wells Fargo CEO

May 15 2019

WASHINGTON, May 15 A top U.S. bank regulator said on Wednesday it will vet Wells Fargo & Co's pick for its next chief executive, a development that could complicate the scandal-hit lender's efforts to find a permanent replacement for CEO Tim Sloan.

U.S. bank regulator to review Wells Fargo pick for chief executive

May 15 2019

WASHINGTON The Office of the Comptroller of the Currency (OCC) will evaluate Wells Fargo's pick for its next chief executive, the regulator told Congress on Wednesday.

U.S. housing agency wants new rules to attract mortgages from banks

May 09 2019

WASHINGTON The Federal Housing Administration announced on Thursday it was seeking to streamline and clarify its rules in a bid to entice traditional banks to rebuild their FHA loan business, as the agency seeks to give consumers a greater choice of lenders.

Sanders, Ocasio-Cortez propose limit on credit card interest rates

May 09 2019

WASHINGTON A pair of leading liberal Democrats proposed legislation on Thursday that would cap interest rates on credit cards and other consumer loans at 15 percent to help consumers grappling with growing credit card debt.

Sanders, Ocasio-Cortez propose limit on credit card interest rates

May 09 2019

WASHINGTON, May 9 A pair of leading liberal Democrats proposed legislation on Thursday that would cap interest rates on credit cards and other consumer loans at 15 percent to help consumers grappling with growing credit card debt.

U.S. SEC freezes assets over suspected insider trading in Anadarko

Apr 29 2019

NEW YORK The U.S. Securities and Exchange Commission on Monday obtained an asset freeze in connection with suspected insider trading in Anadarko Petroleum Corp before the oil company agreed to be acquired by rival Chevron Corp.

U.S. commander overseeing Guantanamo Bay fired - Southern Command

Apr 28 2019

WASHINGTON The U.S. admiral in charge of the Guantanamo Bay detention centre in Cuba has been fired "due to a loss of confidence in his ability to command," U.S. Southern Command said in a statement on Sunday.

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