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Politics Maxine Waters

  • WEST PALM BEACH, Fla./ WASHINGTON, Nov 25- A battle between the White House and Democrats over warring appointments to head up the top U.S. regulator for consumer finance is likely headed for the courts, opening any interim actions by the agency to legal challenges, lawyers said on Saturday. Richard Cordray, a Democrat, stepped down on Friday as director of the...

  • WEST PALM BEACH, Fla./ WASHINGTON, Nov 25- A battle between the White House and Democrats over warring appointments to head up the top U.S. regulator for consumer finance is likely headed for the courts, opening any interim actions by the agency to legal challenges, lawyers said on Saturday. Richard Cordray, a Democrat, stepped down on Friday as director of the...

  • WASHINGTON, Nov 16- The Republican-controlled U.S. Congress approached a major test on Thursday of its ability to enact sweeping tax cuts, as lawmakers prepared for their first full-scale vote on tax legislation. President Donald Trump met with Republicans from the House of Representatives at the U.S. Capitol and urged them to pass their bill to cut federal tax...

  • U.S. House Speaker Paul Ryan told Fox News early on Thursday he was confident his chamber had the votes to pass their version of the plan. But Trump's tax reform hopes have begun to encounter resistance in the Senate, where the Republicans' narrow majority means they have to keep almost everyone in the party on board. The Senate version of the tax bill has faced...

  • WASHINGTON, Nov 16- The Republican-controlled U.S. Congress was approaching a major test on Thursday of its ability to enact sweeping tax cuts, as lawmakers prepared for their first full-scale vote on tax legislation. But Trump's tax reform hopes have begun to encounter resistance in the Senate. Senator Ron Johnson said Trump called him Wednesday night after...

  • WASHINGTON, Nov 16- The Republican-controlled U.S. Congress was approaching a major test on Thursday of its ability to enact sweeping tax cuts, as lawmakers prepared for their first full-scale vote on tax legislation. But Trump's tax reform hopes have begun to encounter resistance in the Senate. Senator Ron Johnson said Trump called him Tuesday night after...

  • WASHINGTON, Nov 16- The Republican-controlled U.S. Congress was approaching a major test on Thursday of its ability to overhaul the federal tax code, as lawmakers prepared for their first full-scale vote on sweeping tax legislation. Republicans in the House of Representatives were expected to take up their own bill to cut tax rates on corporations, small...

  • WASHINGTON, Oct 4- U.S. House Democrats introduced legislation on Wednesday to direct banking regulators to review operations at the country's largest banks and consider shutting them down if they exhibit repeated wrongdoing to consumers. The bill, likely to meet stiff opposition from the Republican majority in Congress, represents the most direct threat...

  • Oct 3- Wells Fargo& Co CEO Tim Sloan will be questioned about sales practices, mischarging customers for auto insurance, and complaints about mortgage fees at the bank's consumer lending unit when he testifies before U.S. senators on Tuesday. Reuters reported on Monday that the Office of the Comptroller of the Currency, the leading regulator for Wells Fargo, was...

  • Sept 7- Equifax Inc, a provider of consumer credit scores, said on Thursday that personal details of as many as 143 million U.S. consumers were accessed by hackers between mid-May and July, in what could be one of the largest data breaches in the United States. Atlanta- based Equifax said in a statement that it discovered the breach on July 29. It said criminals...

  • Sept 7- Equifax Inc, a provider of consumer credit scores, said on Thursday that personal details of as many as 143 million U.S. consumers were accessed by hackers between mid-May and July, in what could be one of the largest data breaches in the United States. Atlanta- based Equifax said in a statement that it discovered the breach on July 29. It said criminals...

  • WASHINGTON, Aug 4- Republicans in the U.S. House of Representatives are pushing to hold Consumer Financial Protection Bureau Director Richard Cordray in contempt of Congress for refusing to respond sufficiently to congressional subpoenas. A report released on Friday by Republican staff of the House Financial Services Committee argued there was "ample...

  • Democrats on the Senate Banking Committee asked its Republican leaders in a letter to summon Wells Fargo Chairman Stephen Sanger and Chief Executive Tim Sloan. That letter accompanied one sent by Representative Maxine Waters, the top Democrat on the House Financial Services Committee, who wants to know how Wells Fargo wrongly charged roughly 570,000...

  • Democrats on the Senate Banking Committee plan to ask Republicans in leadership to summon Wells Fargo Chairman Stephen Sanger and Chief Executive Tim Sloan to answer how sales abuses went unchecked at the bank for so long, according to a draft letter viewed by Reuters. That letter would follow one sent on Tuesday by Representative Maxine Waters, the top...

  • WASHINGTON, July 20- Republicans in the U.S. Congress are moving quickly to try to eliminate a new regulation that bars financial firms from forcing consumers into arbitration to settle disputes that otherwise may turn into class-action lawsuits. Top lawmakers in both the House and Senate introduced bills on Thursday to repeal the rule, finalized this week by...

  • FRANKFURT/ WASHINGTON, July 14- Some Democratic members of the U.S. Congress have renewed efforts to find possible links between banks such as Germany's Deutsche Bank, U.S. President Donald Trump and Russia. Investigations are being conducted in the United States into possible collusion between Trump's campaign team and Russia during the presidential...

  • FRANKFURT, July 14- A small group of Democrat members of the U.S. Congress have renewed their efforts to find possible links between banks such as Germany's Deutsche Bank, U.S. President Donald Trump and Russia. Investigations are being conducted in the United States into possible collusion between Trump's campaign team and Russia when he was running for...

  • FRANKFURT, June 29- Deutsche Bank's external counsel in Washington, D.C. rejected on Thursday demands by U.S. House Democrats to provide details of President Donald Trump's finances, citing privacy laws. Deutsche Bank has loaned the Trump organization millions of dollars for real-estate ventures, and five Democrats on the House of Representatives Financial...

  • *Probe linked to president's possible Russia ties. FRANKFURT, June 22- U.S. House Democrats rejected an assertion by Deutsche Bank that privacy laws prevent it from sharing information about President Donald Trump's finances, as they investigate possible collusion between his campaign team and Russia. Investigations are underway in Washington into claims...

  • *Probe linked to president's possible Russia ties. FRANKFURT, June 22- U.S. House Democrats rejected an assertion by Deutsche Bank that privacy laws prevent it from sharing information about President Donald Trump's finances, as they investigate possible collusion between his campaign team and Russia. Investigations are underway in Washington into claims...