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Nominations Trump Administration Banking Sector

Ballard Spahr LLP

Trump to nominate CFPB nominee to Treasury Department position

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Treasury Secretary Scott Bessent announced May 9 that President Trump intends to nominate Jonathan McKernan, his nominee to head the CFPB, as the Undersecretary of Domestic Finance at Treasury....more

Troutman Pepper Locke

Treasury Announces President Trump’s Intent to Nominate McKernan as Undersecretary of Domestic Finance

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The U.S. Department of the Treasury announced President Trump’s intent to nominate Jonathan McKernan as the Undersecretary of Domestic Finance. The press release states that McKernan’s continued service at Treasury “will...more

Clark Hill PLC

Window On Washington - Vol. 2, Issue 27

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Outlook for This Week in the Nation's Capital - House and Senate Return. Both the House and Senate are back in session this week. The Senate is planning to take a series of judicial nominations as well as a few other...more

Troutman Pepper Locke

Cordray's Departure Will Mean Big Changes at the CFPB

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One of two scenarios will likely occur in the near future at the CFPB. Either Director Richard Cordray will be fired by President Trump (for cause), or Cordray will resign to enter the 2018 Ohio gubernatorial race. If either...more

Ballard Spahr LLP

White House nominee for next FDIC chair bows out

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Politico has reported that James Clinger, President Trump’s nominee to be the next FDIC Chairperson, has asked the White House to withdraw his nomination, citing family issues....more

Ballard Spahr LLP

President Trump expected to nominate Joseph Otting to head OCC

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The American Bankers Association and numerous media sources, including Politico and American Banker, have reported that the White House has announced that President Trump will nominate Joseph Otting to serve as Comptroller of...more

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