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Senate Banking Committee Rolls Trump HUD Nominee Scott Turner Out of Committee

The Senate Banking Committee has officially removed Department of Housing and Urban Development (HUD) nominee Scott Turner from the committee. Prepare him for confirmation by the full Senate. The committee endorsed President Donald Trump's nominee in a 13-11 panel vote. “President Trump promised the American people that he would usher in a new golden age […]

Santander Reportedly Considering Exit of UK Banking Market – PYMNTS.com

Santander Two decades after entering the UK banking market, the company is reportedly rethinking its presence in the UK. Spanish financial companies are considering some The Financial Times (FT) reported on options including a complete withdrawal from the UK. reported Sunday (January 19), citing a person familiar with the matter. According to these sources, there […]

Senate Banking Republicans eye changes to key insurance program after fires

Republicans on the Senate Banking Committee are in the early stages of drafting a bill that would include changes to the National Flood Insurance Program (NFIP) and aid for victims of other natural disasters. Sen. John Kennedy (R-Louis.) told The Hill on Tuesday that he and Sen. Mike Rounds (R.S.D.) will be joining Senate Banking […]

FDIC Gives BlackRock New Deadline to Resolve Banking Oversight Questions – PYMNTS.com

asset manager black rock is reportedly facing new deadlines over investments in government-backed banks. of The company missed the Jan. 10 deadline issued by the federal government. Federal Deposit Insurance Corporation (FDIC) and now has until February 10 to resolve issues related to the company's oversight of bank investments.Bloomberg News reported Sunday (January 12), citing […]