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Regulators Loosen Reins On Fannie Mae and Freddie Mac

Federal regulators have suspended a number of provisions that were put in place by the Trump administration to dial down Fannie and Freddie's market share and help them raise capital. ....

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Biden Asks Congress to Extend Eviction Moratorium

Biden Asks Congress to Extend Eviction Moratorium
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Rohit Chopra, Bharat Ramamurti Among Candidates for Financial Industry Oversight

President-elect Joe Bidenâs team has tapped a mix of progressives and centrist policy experts, including Indian Americans Rohit Chopra and Bharat Ramamurti, to work on a transition plan for financial industry oversight.
Reuters reported how Bidenâs staff could form some of the key financial regulators, citing nearly two dozen lobbyists, officials and policy experts in Democratic circles.
The Consumer Financial Protection Bureau director is a critical role for progressives such as Senator Elizabeth Warren who believe the agency can help tackle wealth inequality and racial injustice, Reuters said.
A June Supreme Court ruling handed Biden the power to fire Republican President Donald Trumpâs CFPB director, Kathy Kraninger, and many policy experts expect him to quickly replace her after he takes office on Jan. 20, it said. ....

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