Steven Mnuchin
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U.S. parries E.U. jab on CCP oversight
By Costas Mourselas
July 1, 2019, Risk
Tensions have flared between European and U.S. supervisors on the subject of cross-border clearing house oversight after acerbic comments from one of Europe’s …
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Wall Street insider Craig Phillips leaves Treasury without Fannie, Freddie reform
By Kathleen Howley
June 24, 2019, HousingWire
Craig Phillips, Department of the Treasury Secretary Steven Mnuchin’s top housing advisor and the Trump administration’s point person on reform of Fannie Mae …
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Fannie, Freddie government guarantee should be limited: U.S. housing finance chief
By Katanga Johnson
June 13, 2019, Reuters
The head of the U.S. Federal Housing Finance Agency (FHFA) said on Thursday that Congress should create a “limited” explicit guarantee for government-sponsored …
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Fannie-Freddie Shares Slide as Mnuchin Dims Investors’ Hopes
By Saleha Mohsin and Austin Weinstein
June 10, 2019, Bloomberg
Treasury Secretary Steven Mnuchin made clear that freeing Fannie Mae and Freddie Mac from U.S. control won’t happen without an …
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Administration Nears Plan to Return Fannie, Freddie to Private Ownership
By Andrew Ackerman
May 30, 2019, The Wall Street Journal
Trump administration officials are putting the finishing touches on a plan to return mortgage-finance giants Fannie Mae and Freddie Mac …
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Is Dodd-Frank council evolving, or throwing in the towel?
By John Heltman
May 9, 2019, American Banker
When the Financial Stability Oversight Council proposed new guidance in March, the interagency body was signaling a clear change in approach to …
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Brown to regulators: Be ready to discuss leveraged loans at hearing
By Neil Haggerty
May 13, 2019, American Banker
Banking regulators testifying in Congress this week must provide details on leveraged lending risks after Treasury Secretary Steven Mnuchin failed to “substantively” …
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Treasury’s Mnuchin backs plan to ease non-bank oversight despite predecessors’ criticism
May 13, 2019, MLex
U.S. Treasury Secretary Steven Mnuchin endorsed a regulatory plan to erect barriers to deeming a non-bank systemically important even as it was decried as a “substantial …
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U.S. Bank Regulators Acknowledge Senator Warren’s Concerns About Rapidly Growing Leveraged Loans
By Mayra Rodriguez Valladares, MRV Associates
Originally published in Forbes
Leveraged lending and collateralized loan obligation (CLO) markets warrant attention from regulators, rating agencies, and market participants. The chairs of …
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Non-Banks Are the Largest Holders of Collateralized Loan Obligations Globally
By Mayra Rodriguez Valladares, MRV Associates
Originally published in Forbes
The majority of collateralized loan obligations (CLOs) are held by a wide array of non-banks such as insurance companies, pension …
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