michael dean crapo

Facebook’s Libra Gambit Forces Washington’s Hand on Crypto Policy

Facebook’s Libra Gambit Forces Washington’s Hand on Crypto Policy

Facebook Inc.’s decision to create its own digital money –- with the grandiose ambition of establishing an alternative global financial system –- is jumpstarting a long simmering debate in Washington
Senators Propose Boosting Sanctions on Russia, Including Debt

Senators Propose Boosting Sanctions on Russia, Including Debt

Two leading U.S. senators said Tuesday they’ll introduce a bipartisan bill to increase U.S. sanctions against Russia that would target Russian sovereign debt as well as the country’s energy and
House Set to Vote Next Tuesday on Senate Version of Dodd-Frank Rollback

House Set to Vote Next Tuesday on Senate Version of Dodd-Frank Rollback

The House plans to vote next Tuesday on Senate-passed legislation that would free regional and community banks from some of the toughest requirements of the Dodd-Frank Act.
Why BofA's Hard Line Against Assault Rifles Hasn't Pleased Gun Activists

Why BofA's Hard Line Against Assault Rifles Hasn't Pleased Gun Activists

A pledge not to loan money to some firearms manufacturers came after the bank became entangled in Remington’s bankruptcy.
Banks Thought They Had a Win With Guns. Now They’ve Got a Big GOP Headache

Banks Thought They Had a Win With Guns. Now They’ve Got a Big GOP Headache

How Citigroup and Bank of America shot themselves in the foot with D.C. Republicans.
EPA Chief Pruitt Met With Lobbyist Tied to Condo Rental

EPA Chief Pruitt Met With Lobbyist Tied to Condo Rental

The lobbyist whose wife rented a bedroom in a Capitol Hill condo to EPA Administrator Scott Pruitt says he met with Pruitt last July with the charitable arm of pork processor Smithfield Foods Inc.,
Pruitt’s Capitol Hill Condo Fallout Hits a Republican Senator

Pruitt’s Capitol Hill Condo Fallout Hits a Republican Senator

The Capitol Hill condo that landed EPA administrator Scott Pruitt into a whirlwind of controversy may ensnare another Washington power broker.
Fed Still Reigns Supreme Over Banks, Despite Dodd-Frank Rewrite

Fed Still Reigns Supreme Over Banks, Despite Dodd-Frank Rewrite

Even if the Dodd-Frank overhaul clears the House, U.S. lenders will remain inside a cage built by the Federal Reserve.
Senate’s Rollback of Banking Rules Faces Headwinds in House

Senate’s Rollback of Banking Rules Faces Headwinds in House

House Financial Services Chairman Jeb Hensarling says the House won’t rubber-stamp the Senate bill.
Senate Backs Bill Relaxing Post-Crisis Rules for Smaller Banks

Senate Backs Bill Relaxing Post-Crisis Rules for Smaller Banks

The U.S. Senate passed legislation that would ease constraints on regional and community banks while mostly snubbing Wall Street, giving the finance industry its best chance in years of rolling back
Warren Keeps Pressure on Banking Bill, Says No 2020 Run in Mind

Warren Keeps Pressure on Banking Bill, Says No 2020 Run in Mind

Senator Elizabeth Warren said a bill giving banks relief from rules imposed after the 2008 financial crisis could usher in a new round of taxpayer-funded bailouts, while making it easier for banks to
Dodd-Frank Overhaul Starts Inching Forward on U.S. Senate Vote

Dodd-Frank Overhaul Starts Inching Forward on U.S. Senate Vote

President Donald Trump has promised for more than a year to give banks relief from the Dodd-Frank Act.
Wall Street Gifts Won't Make It Into Senate Bill, Senator Tester Says

Wall Street Gifts Won't Make It Into Senate Bill, Senator Tester Says

Citigroup Inc. and JPMorgan Chase & Co. won’t be getting any gifts from lawmakers in a bill overhauling financial rules that is headed for a Senate floor vote this week if Senator Jon Tester gets
Rare Loss for Wall Street in Senate’s Reboot of Financial Rules

Rare Loss for Wall Street in Senate’s Reboot of Financial Rules

The U.S. Senate is expected to approve a sweeping revamp of financial rules this week.
Crapo's Dodd-Frank Rewrite Set for Senate Floor Vote Next Week

Crapo's Dodd-Frank Rewrite Set for Senate Floor Vote Next Week

Senate Majority Leader Mitch McConnell has set the stage for a vote on one of the biggest rewrites of financial industry rules since the Dodd-Frank Act was passed nearly eight years ago.
Sen. Crapo Expects Vote on Dodd-Frank Regulations Next Week

Sen. Crapo Expects Vote on Dodd-Frank Regulations Next Week

Sen. Mike Crapo, an Idaho Republican, gives his take on the prospects for Dodd-Frank regulations and President Donald Trump's tariff plans. He speaks with Bloomberg's Kevin Cirilli in Washington.
Fannie-Freddie Regulator Urges Utility Mortgage Guarantors

Fannie-Freddie Regulator Urges Utility Mortgage Guarantors

Fannie Mae and Freddie Mac’s regulator is throwing its voice into the debate about what to do with the two companies at the center of the U.S. mortgage system.
Utah's Hatch to Retire From Senate, Opening Door for Romney Bid

Utah's Hatch to Retire From Senate, Opening Door for Romney Bid

Senator Orrin Hatch of Utah, the longest-serving Republican senator in U.S. history and a leader of last year’s successful effort to rewrite the U.S. tax code, said he won’t seek an eighth term in
Republicans Help Take Down a Trump Nominee

Republicans Help Take Down a Trump Nominee

The Senate Banking Committee refused to recommend confirmation of Scott Garrett to be chairman of the U.S. Export-Import Bank.
Fannie and Freddie Overhaul Plan Takes Shape on Capitol Hill

Fannie and Freddie Overhaul Plan Takes Shape on Capitol Hill

Congress still has a long way to go before resolving the most significant overhang that remains from the 2008 financial crisis. But a consensus is emerging around principles for overhauling Fannie