Tag: Trump administration

Bankers anxious as Trump mulls credit union regulator for CFPB

WASHINGTON — The Trump administration’s consideration of J. Mark McWatters to lead the Consumer Financial Protection Bureau is stoking fears among bankers that he will show favor to credit unions once in office. In his current position as chair of the National Credit Union Administration, McWatters has publicly advocated for cutting back the CFPB’s oversight…
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December 31, 2017 0

Washington can’t save community banks. It can’t even save itself

WASHINGTON — It was the kind of victory that appeared ripe for President Trump and Republicans to celebrate — the repeal of a rule that bankers and credit unions agreed would only raise costs on customers. The passage of a repeal bill was particularly noteworthy given that the president has struggled to see his agenda…
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November 13, 2017 0

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