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Is the Fed board eroding regional Fed banks' independence?

American Banker

For the better part of the past decade, the Federal Reserve Board in Washington has played a more active role in presidential searches by regional reserve banks. The shift seems to have made the system more diverse, but some argue it's at the expense of regional bank independence.

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CFPB to Open Southeast Regional Office in Atlanta

CFPB Monitor

On September 21, 2018, the CFPB announced that it will be relocating its southeast regional office from Washington, D.C. In addition to the CFPB’s headquarters, the Bureau currently leases office space in downtown Washington, D.C. that will be surrendered after the southeast regional team is moved to Atlanta.

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Washington Watch

Independent Banker

Needless to say, the advocacy process with the CFPB has moved at the speed of Washington. It also includes the tireless efforts of community bankers, our affiliated state and regional associations, and the CFPB’s Community Bank Advisory Council. Furthermore, it demonstrates the resonance of the community bank voice in Washington.

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Washington Watch

Independent Banker

Needless to say, the advocacy process with the CFPB has moved at the speed of Washington. It also includes the tireless efforts of community bankers, our affiliated state and regional associations, and the CFPB’s Community Bank Advisory Council. Furthermore, it demonstrates the resonance of the community bank voice in Washington.

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Washington should sit out search for regional Fed chiefs: GOP senators

American Banker

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Amazon, JPMorgan Donate Money To Ease Coronavirus Crisis

PYMNTS

The company is going to donate $1 million between four organizations in Washington, D.C. that are fighting the coronavirus: ACT for Alexandria , Arlington Community Foundation , Community Foundation for Northern Virginia and the Greater Washington Community Foundation.

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Wells Fargo adds new top lobbyist to help revive image in Washington

American Banker

Brian Smith, who spent the past decade with Regions Financial, will head the bank's government relations and public policy team.