Tag: Federal Reserve System

2024-10-11

TD Bank pleads guilty, will pay $3 billion in fines

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Business

A TD bank stands in Brooklyn on June 04, 2024 in New York City.  Spencer Platt | Getty Images TD Bank pleaded guilty Thursday to multiple criminal charges and agreed to pay a whopping $3 billion in fines and other penalties to the Department of Justice and financial regulators for failing to monitor money laundering by drug traffickers and…

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2024-09-22

Biden Fed Jay Powell meeting Oval Office

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Business

Chairman of the Federal Reserve Jerome Powell (left) meets with President Joe Biden in the Oval Office on May 31, 2022. Saul Loeb | AFP | Getty Images President Joe Biden on Thursday said he had “never once spoken” to Federal Reserve Chair Jerome Powell while he was president. But the pair, joined by Treasury Secretary Janet Yellen, met…

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