Banking and credit regulation

A general view of the Parliament at night in London, Wednesday, Sept. 4, 2019. With Britain's prime minister weakened by a major defeat in Parliament, defiant lawmakers were moving Wednesday to bar Boris Johnson from pursuing a "no-deal" departure from the European Union. (AP Photo/Matt Dunham)
September 04, 2019 - 9:04 pm
LONDON (AP) — The Latest on Britain's bid to leave the European Union (all times local): 9:50 p.m. British Prime Minister Boris Johnson has failed to win sufficient parliamentary support for an early national election on Oct. 15. The vote was 298 in favor and 56 opposed, not enough to force the...
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August 30, 2019 - 6:54 pm
WASHINGTON (AP) — Education Secretary Betsy DeVos has issued a new rule on loan forgiveness for students defrauded by their colleges, a rewrite of Obama-era regulations that advocates say will make it tougher for students to get relief. DeVos says schools must be held accountable but that the Obama...
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August 14, 2019 - 11:41 am
WASHINGTON (AP) — The Federal Housing Administration is changing regulations to make it easier for more first-time condo buyers to receive mortgages. The federal agency has released new guidelines for the types of mortgages it will insure at condominiums. Just 6.5% of the 150,000 condominium...
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July 26, 2019 - 9:48 am
FRANKFURT, Germany (AP) — The European Central Bank says it and 21 national central banks in Europe are letting a formal agreement regulating gold sales expire, saying the deal that once sought to stabilize the market for the precious metal is no longer needed. The ECB said Friday that the fourth...
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Facebook CEO Mark Zuckerberg's face is visible on a mock "Zuck Buck" depicted on a screen behind David Marcus, CEO of Facebook's Calibra digital wallet service, as he is questioned by Rep. Brad Sherman, D-Calif., during a House Financial Services Committee hearing on Facebook's proposed cryptocurrency on Capitol Hill in Washington, Wednesday, July 17, 2019. (AP Photo/Andrew Harnik)
July 17, 2019 - 5:05 pm
WASHINGTON (AP) — Facebook endured a second day of criticism from Congress over its plan to create a digital currency as senior House Democrats asked Facebook to scale back the project and threatened legislation that would block big tech companies from getting into banking. Facebook's massive...
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In this July 10, 2019, photo a Wells Fargo building is shown in downtown Minneapolis. JP Morgan Chase reports financial results on Tuesday, July 16, 2019. Wells Fargo & Co. reports financial results on Tuesday, July 16. (AP Photo/Jim Mone)
July 16, 2019 - 9:01 am
SAN FRANCISCO (AP) — Consumer banking giant Wells Fargo reported better-than-expected earnings for the second quarter on Tuesday, despite remaining under heavy restrictions by regulators for an assortment of scandals in recent years. The San Francisco-based bank reported second-quarter earnings of...
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Treasury Secretary Steve Mnuchin speaks during a news briefing at the White House, in Washington, Monday, July 15, 2019. (AP Photo/Carolyn Kaster)
July 15, 2019 - 6:23 pm
WASHINGTON (AP) — The Trump administration came out strongly Monday against Facebook's ambitious plan to create a new digital currency, as the Treasury chief warned it could be used for illicit activity such as money laundering, human trafficking and financing terrorism. Treasury Secretary Steven...
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FILE - In this file photo taken Friday, May 22, 2015, people walk on the Bund against buildings in Pudong, China's financial and commercial hub, in Shanghai. China has criticized Washington's efforts to enforce U.S. law abroad following a news report three Chinese banks might be penalized over dealings with North Korea. (AP Photo/Paul Traynor, Filer)
June 25, 2019 - 7:08 am
BEIJING (AP) — China on Tuesday criticized Washington's efforts to enforce U.S. law abroad following a news report three Chinese banks might be penalized over dealings with North Korea. The banks named by The Washington Post as facing possible loss of access to the U.S. financial system denied they...
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Bank of Japan Governor Haruhiko Kuroda, center bottom, speak with other participants prior to G20 Finance Ministers' and Central Bank Governors' Meeting Saturday, June 8, 2019, in Fukuoka, western Japan. (AP Photo/Eugene Hoshiko, Pool)
June 08, 2019 - 4:36 am
FUKUOKA, Japan (AP) — Financial leaders of the Group of 20 gathered Saturday to brainstorm ways to adapt global finance to an age of trade turmoil and digital disruptions. The central bank governors and other financial regulators meeting in this southern Japanese port city also flagged risks from...
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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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