The financial regulation lawyer withdrew after coming under fire from Democrats aligned with the banking sector and Republicans smearing her as a communist.
Bankers find the head of the Office of the Comptroller of the Currency "refreshing."
The So-Called 'Midnight Rules Relief Act' Is A Sweeping GOP Bill That Addresses A Non-Existent Problem
It represents yet another unfounded and reckless attempt to prevent the implementation of critical laws by Federal agencies.
Every major bank on Wall Street has a rap sheet that would make a Chicago gangster blush. Nevertheless, bank-servile Republicans have been calling to disband the Consumer Financial Protection Bureau, even as it brings Wells Fargo to something like justice.
As more organizations here in North America and overseas increasingly utilize third party vendors with a global presence to perform critical functions, process key transactions and provide exposure to sensitive proprietary information, those organizations with mature third party risk (TPR) programs are receiving a loud call to provide assistance to those new to the TPR field.
It's a Christmas miracle!
In today's America, bankers are often seen as uncaring, and media portrayals reflect a view that banks put hardworking people on the streets. Our industry, which should be a key part of helping people achieve their economic and financial goals, has lost consumer trust.