Claire Williams

By Claire Williams Morning Consult Finance will be off Monday for Presidents Day. Publication will resume Tuesday. Week in Review Wells Fargo Wells Fargo & Co. said it plans to tell 650 U.S. technology workers that they need to move to a larger market to retain their jobs and will eliminate about 700 positions in […]

By Claire Williams   Top Stories Barclays PLC said Britain’s Financial Conduct Authority and the Bank of England’s Prudential Regulation Authority are investigating its chief executive’s links to financier Jeffrey Epstein, who died last year while he faced charges of sex trafficking underage girls. During an earnings call with reporters, Jes Staley said that he […]

By Claire Williams   Top Stories After Sen. Bernie Sanders (I-Vt.) won the New Hampshire primary, former Goldman Sachs Group Inc. Chief Executive Lloyd Blankfein took to Twitter to criticize the presidential candidate as someone who will “ruin our economy and doesn’t care about our military.” Blankfein also said that if Sanders becomes the Democratic […]

By Claire Williams   Top Stories Varo Money Inc., a financial technology startup, said it has received regulatory approval from the Federal Deposit Insurance Corp., after the Office of the Comptroller of the Currency granted preliminary approval in October. Varo is now well-positioned to receive the first “de novo national bank charter” given to a […]

By Claire Williams   Top Stories President Donald Trump is set to release a $4.8 trillion budget plan today that would cut spending in social safety net programs and foreign aid while spending more on defense and veterans. His proposal would boost military spending 0.3 percent to $740.5 billion for fiscal 2021, while reducing nondefense […]

By Claire Williams and Matt Bracken Week in Review Economy President Donald Trump boasted about the strong economy during his annual State of the Union address, which didn’t mention his ongoing impeachment trial. Trump said he has “reversed the failed economic policies of the previous administration,” which is why the world is now “witnessing this […]

By Claire Williams   Top Stories JPMorgan Chase & Co. is considering a return to offering more loans insured by the Federal Housing Administration, people familiar with the matter said. The bank is weighing this option as President Donald Trump’s administration promises to make it easier to avoid fines for underwriting errors, according to the […]

By Claire Williams   Top Stories President Donald Trump boasted about the strong economy during his annual State of the Union address, which didn’t mention his ongoing impeachment trial. Trump said he has “reversed the failed economic policies of the previous administration,” which is why the world is now “witnessing this great economic success.” (The […]

By Claire Williams   Top Stories The Federal Housing Finance Agency has tapped investment bank Houlihan Lokey Capital to advise on the potential privatization of Fannie Mae and Freddie Mac, paying the investment bank up to $45 million over five and a half years. Hiring an adviser is a key step to releasing Fannie and […]