financial regulation
So much for economic populism.
The corporate lawyer is the latest in a string of nominees with deep ties to Goldman Sachs.
Steven Mnuchin "made millions after his bank foreclosed on homeowners,” the ads say.
As part of the agreement, Deutsche Bank would pay a civil monetary penalty of $3.1 billion and provide $4.1 billion in consumer relief.
WHAT'S HAPPENING
There's a vast imbalance of power and information between consumers and the mega-institutions ostensibly serving them.
The nation's consumer watchdog wants to help you sue financial companies for wrongdoing.
The presidential hopeful says the industry has a major conflict of interest. He's not wrong.
Michael Bloomberg and England's chief central banker have a message for the financial industry.
The company boasted that "data deletion is permanent."
Now that the President is looking at banking reform, here are a number of proposals for the banks, the FDIC, Federal Reserve, and Treasury.