News

Trump prepares executive order to fine banks for dropping conservative customers over political views
Proposed executive order would direct regulators to investigate banks for potential violations of Equal Credit Opportunity ...
Trump Plots New Power Grab to Punish Banks Over MAGA Complaints
President Trump is planning a power grab with an executive order that would create punishments for banks over perceived bias ...
Trump tariff salvo sees India central bank return to out-of-favour rupee derivative tool
The Reserve Bank of India has resumed intervention in the non-deliverable forwards market over the past fortnight to manage ...
Federal Reserve Vacancy Opens Door for Trump to Shape the Central Bank's Future
Key Takeaways Federal Reserve Governor Adriana Kugler announced her resignation last week, giving President Trump the ...
JPMorgan and Bank of America stocks drop as Trump warns of payback for ‘bad’ treatment
Big banks said they agree with President Donald Trump that financial regulations need an overhaul, even as their stock prices ...
Trump met Citi, BofA CEOs to discuss plans for Fannie and Freddie, sources say
U.S. President Donald Trump met the CEOs of Citigroup and Bank of America on Wednesday to discuss the administration's plans ...
Trump confirms Scott Bessent won't replace Powell as Fed chair amid rising tensions with central bank
Treasury Secretary Scott Bessent tells President Donald Trump he wants to stay in his role rather than pursue Fed chair role ...
Trump's latest executive orders updates: President to sign new directives
President Donald Trump is expected to sign a series of executive orders on Thursday, focusing on banking and investments.