The White House proposed significant restructuring of the appropriations process for the Consumer Financial Protection Bureau.
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President Trump tweeted that "fines and penalties against Wells Fargo Bank . . . will be pursued and, if anything, substantially increased" in connection with alleged improper mortgage lending practices.
President Donald J. Trump nominated Thomas Workman to be a Member of the Financial Stability Oversight Council.
President Donald J. Trump nominated Marvin Goodfriend to be a Member of the Board of Governors of the Federal Reserve System.
President Donald J. Trump nominated Jerome H. Powell to be the next Chair of the Federal Reserve System.