JPMorgan Chase struck a deal with financial regulators that would yield a record $13 billion settlement over allegations involving the banks dealings with mortgage-backed securities, according to RegWatch.
The agreement followed a pivotal phone call between the bank's chief executive, Jamie Dimon, and U.S. Attorney Gen. Eric HolderEric H. HolderFormer AG launches redistricting effort to help Dems reclaim power The racism inquisition over Jeff Sessions Dem rep to Obama: Don’t ‘lay back’ after presidency MORE, The New York Times reports.
Sen. Charles SchumerCharles SchumerHealth nominee’s trades put STOCK Act in spotlight CBO: 18 million could lose coverage after ObamaCare repeal Week ahead: Trump's health pick takes the hot seat MORE (D-N.Y.) is pressing for action on delayed regulations requiring rear-view cameras in vehicles, according to Newsday.
Federal regulators are getting back to work after a prolonged shutdown sidelined the government’s rule-making agencies, RegWatch reports.
Send all of your comments, complaints and regulatory news tips to RegWatch via firstname.lastname@example.org or email@example.com.