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Fed’s top bank cop to step down, averting potential clash with Trump

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The Federal Reserve’s top regulatory official, Michael Barr, announced Monday that he will step down in the coming weeks, clearing the way for President-elect Donald Trump to reshape federal banking regulation. Barr, who has served as the Fed’s vice chair for supervision since 2022, said he would resign from that role by Feb…
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DHS watchdog details extensive probes into Trump’s immigration crackdown

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DHS watchdog details extensive probes into Trump’s immigration crackdown

The investigations include reviews of hiring, interior immigration enforcement and expedited removal of individuals by ICE and CBP…
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Tim Scott clashes with Chuck Grassley, Dick Durbin over Nazi-linked bank probe

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The leaders of two Republican-led committees are quietly locked in a behind-the-scenes turf battle. Sen. Tim Scott (R-S.C.), who helms the Senate Banking Committee, sent a letter this week to Sens. Chuck Grassley (R-Iowa) and Dick Durbin (D-Ill.), the chair and ranking member of the Senate Judiciary panel…
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DHS standoff threatens bipartisan Munich delegation

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Senate Republicans are weighing whether to bow out of a major international gathering next week as GOP leaders press them to stay in Washington and hammer out a Homeland Security Department funding deal. This year’s Munich Security Conference — a marquee transatlantic gathering that begins Feb…
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