Banking and credit regulation

May 20, 2019 - 8:03 am
WASHINGTON (AP) — President Donald Trump is insisting he didn't borrow from many banks because he "didn't need the money," not because they wouldn't do business with him. Trump's tweets Monday appear to be in response to New York Times reporting that Deutsche Bank anti-money laundering specialists...
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FILE - In this Wednesday, April 10, 2019, file photo, Education Secretary Betsy DeVos testifies before the House Education and Labor Committee on Capitol Hill in Washington. A political battle is reheating over a federal program that was designed to cancel student loans for certain public workers but has largely failed to deliver that promise. The program, Public Service Loan Forgiveness, promises to erase federal student loans for public workers who make 10 years of payments while working for approved employers. (AP Photo/Manuel Balce Ceneta, File)
April 29, 2019 - 5:57 am
In 2007, the U.S. government made a promise to public service workers: Make 10 years of payments on their federal student loans and any remaining debt would be erased. But officials have largely failed to deliver. And that's left lawmakers questioning whether to end the program or try to fix it...
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April 24, 2019 - 5:10 am
CHAPEL HILL, N.C. (AP) — Local residents, hunters and wildlife enthusiasts have filed a lawsuit challenging approval by state and federal officials of a proposed new bridge on the North Carolina coast. The lawsuit was filed in U.S. District Court in Raleigh. A news release from the Southern...
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FILE - This Oct. 20, 2018, file photo shows marijuana clone plants displayed for sale by Interstate 5 Farms at the cannabis-themed Kushstock Festival at Adelanto, Calif. California legislators are considering a plan to encourage more banks to do business with its legal marijuana industry. (AP Photo/Richard Vogel, File)
April 22, 2019 - 8:41 pm
LOS ANGELES (AP) — California legislators considered a plan Monday intended to encourage more banks to do business with marijuana companies that have been frozen out of thousands of financial institutions. Most Americans live in states where marijuana is legally available in some form. But most...
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FILE - In this June 19, 2012, file photo Jamie Dimon, CEO of JPMorgan Chase, testifies before the House Financial Services Committee on Capitol Hill in Washington. The heads of some of the U.S.’ largest banks including Dimon will appear in front of Congress on Wednesday, April 10, 2019, for a hearing. (AP Photo/Jacquelyn Martin, File)
April 10, 2019 - 9:44 am
NEW YORK (AP) — The heads of some of the largest banks in the U.S. are appearing in front of Congress Wednesday, for the most significant hearing on the banking industry since Democrats took control of the House. In their prepared testimony, the chief executives of JPMorgan Chase and Goldman Sachs...
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FILE - In this Monday, Nov. 1, 2004 file photo, seven time U.S. Rep. Charles Taylor R-N.C. speaks during a campaign stop at the Asheville Airport, near Fletcher, N.C. A Russian bank owned by former U.S. congressman Charles Taylor has been stripped of its license for allegedly breaking anti-money laundering rules. The Russian Central Bank says that Commercial Bank of Ivanovo committed "numerous" breaches of anti-money laundering legislation and inflated the value of its assets. (AP Photo/Alan Marler, File)
April 05, 2019 - 7:33 am
MOSCOW (AP) — A small Russian bank owned by former U.S. congressman Charles Taylor was stripped of its license Friday after allegedly breaking anti-money laundering rules. Russia's central bank said that Commercial Bank of Ivanovo committed "numerous" breaches of anti-money laundering regulations...
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March 27, 2019 - 6:48 pm
RALEIGH, N.C. (AP) — Legislation to allow North Carolina banks to charge higher loan origination and late fees for a class of consumer loans is heading to Gov. Roy Cooper's desk. The Senate measure received final General Assembly approval on Wednesday with a House vote. The new fee schedule applies...
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March 07, 2019 - 12:50 pm
WINSTON-SALEM, N.C. (AP) — The new bridge on the North Carolina Outer Banks will carry the name of a former state lawmaker. The N.C. Board of Transportation voted on Thursday to name the bridge over Oregon Inlet for former state Senate leader Marc Basnight. A news release from the N.C. Department...
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Britain's Prime Minister Theresa May leaves 10 Downing Street to make a statement to the Houses of Parliament in London, Tuesday, Feb. 26, 2019. (AP Photo/Matt Dunham)
February 26, 2019 - 1:48 pm
LONDON (AP) — The Latest on Britain's negotiations to leave the European Union (all times local): 6:15 p.m. The British government says most businesses have not adequately prepared for the possibility of the country leaving the European Union without a divorce agreement. The Department for Exiting...
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February 25, 2019 - 4:20 pm
ROME (AP) — A court in Italy's capital convicted a former Rome mayor of corruption and illegal financing Monday and sentenced him to six years in prison and a lifetime ban on holding public office. Prosecutors had alleged that far-right politician Gianni Alemanno received nearly 300,000 euros ($345...
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