Ken Sweet, The Associated Press

While National Newswatch does not keep an archive of external articles for longer than 6 months, we do keep all articles written by contributors who post directly to our site. Here you will find all of the contributed and linked external articles from Ken Sweet, The Associated Press.

Trump sues JPMorgan for $5 billion, alleges the bank closed his accounts for political reasons

Trump sues JPMorgan for $5 billion, alleges the bank closed his accounts for political reasons

NEW YORK (AP) -- President Donald Trump sued banking giant JPMorgan Chase and its CEO Jamie Dimon for $5 billion on Thursday over allegations that JPMorgan stopped providing banking services to him and his businesses for political reasons after he left office in January 2021.

As Trump's deadline for a cap on credit card rates looms, banks have only questions and no answers

As Trump's deadline for a cap on credit card rates looms, banks have only questions and no answers

NEW YORK (AP) -- President Donald Trump a week ago told the credit card industry it had until Jan. 20 to comply with his demand for a 10% cap on interest rates. With just days to go, consumer groups, politicians, and bankers alike remain unclear on what the White House has planned and whether Trump even remains serious about the idea.

Wall Street executives warn Trump: Stop attacking the Fed and credit card industry

Wall Street executives warn Trump: Stop attacking the Fed and credit card industry

NEW YORK (AP) -- Up until this week, Wall Street has generally benefited from the Trump administration's policies and has been supportive of the president. That relationship has suddenly soured.

Wall Street CEOs warn Trump: Stop attacking the Fed and credit card industry

Wall Street CEOs warn Trump: Stop attacking the Fed and credit card industry

NEW YORK (AP) -- Up until this week, Wall Street has generally benefited from the Trump administration's policies and has been supportive of the president. That relationship has suddenly soured.

Judge blocks White House's attempt to defund the CFPB, ensuring employees get paid

Judge blocks White House's attempt to defund the CFPB, ensuring employees get paid

NEW YORK (AP) -- The White House cannot lapse in its funding of the Consumer Financial Protection Bureau, a federal district court judge ruled on Tuesday, only days before funds at the bureau would have likely run out and the consumer finance agency would have no money to pay its employees.

Regional banks' bad loans spark concerns on Wall Street
Employees at the nation's consumer financial watchdog say it's become toothless under Trump

Employees at the nation's consumer financial watchdog say it's become toothless under Trump

NEW YORK (AP) -- The lights are on at the Consumer Financial Protection Bureau across the street from the White House, and employees still get paid. But, in practice, the bureau has been mostly inoperable for nearly six months. CFPB employees say they essentially spend the workday sitting on their hands, forbidden from doing any work by directive from the...

Senate Republicans move to slash consumer bureau funding by half, risking hundreds of job cuts

Senate Republicans move to slash consumer bureau funding by half, risking hundreds of job cuts

NEW YORK (AP) -- Senate Republicans have moved to cut the funding of the Consumer Financial Protection Bureau by roughly half, as part of President Donald Trump's "Big Beautiful Bill," which is likely to lead to hundreds of job cuts at the nation's financial watchdog agency.

Senate Republicans move to slash CFPB funding by half, risking hundreds of job cuts

Senate Republicans move to slash CFPB funding by half, risking hundreds of job cuts

NEW YORK (AP) -- Senate Republicans have moved to cut the funding of the Consumer Financial Protection Bureau by roughly half, as part of President Trump's "Big Beautiful Bill," which is likely to lead to hundreds of job cuts at the nation's financial watchdog agency.

Biden to nominate Christy Goldsmith Romero as FDIC chair after abrupt departure of predecessor

NEW YORK (AP) -- President Joe Biden will nominate Christy Goldsmith Romero to replace Martin Greunberg as head of the Federal Deposit Insurance Corporation, after Gruenberg's tenure became marred by allegations of workplace abuse that led to him to resign.