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Mark Schoeff Jr.

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Outgoing National Press Club President Mike Balsamo of the Associated Press toasts newly inaugurated NPC President Mark Schoeff Jr. of CQ Roll Call on Feb. 6.

Spotlight on the National Press Club, and its new president

By Jason Dick and Mark Schoeff Jr.
Posted February 13, 2026 at 9:57am
Kevin Warsh, right, walks with Bom Kim (C), founder and CEO of Coupang and investor Stan Druckenmiller at the Allen & Company Sun Valley Conference on July 13, 2023 in Sun Valley, Idaho.

Warsh’s path to Fed chair may face even GOP obstacle in Senate

By Mark Schoeff Jr. and Niels Lesniewski
Posted January 30, 2026 at 9:12am
House Financial Services Chairman French Hill, R-Ark., is pushing to embed financial regulations into statute to make them less vulnerable to change after political transitions.

Lawmakers seek to embed financial services rules into legislation

By Mark Schoeff Jr.
Posted January 5, 2026 at 7:00am
Office of Management and Budget Director Russ Vought will remain in charge of the Consumer Financial Protection Bureau, a spokesperson said Wednesday.

Trump nominates CFPB leader, but Vought’s ‘not going anywhere’

By Mark Schoeff Jr.
Posted November 19, 2025 at 6:33pm, Updated at 7:42pm
Travis Hill, nominee to be chairman of the Federal Deposit Insurance Corporation, received Senate Banking Committee backing Wednesday.

Senate Banking backs Hill for FDIC chairman along party lines

By Mark Schoeff Jr.
Posted November 19, 2025 at 4:03pm
Rep. Young Kim, R-Calif., arrives for House Republican Conference caucus meeting in the Capitol on Sept. 16, 2025.

Senate and House GOP defend community finance fund from Trump cuts

By Mark Schoeff Jr.
Posted October 27, 2025 at 4:04pm
Wyoming GOP Sen. Cynthia Lummis attends a Senate Banking, Housing and Urban Affairs Committee markup on July 29.

Senate’s next crypto bill slowed by language in stablecoin law

By Mark Schoeff Jr.
Posted October 20, 2025 at 12:07pm
Former Rep. Anthony D'Esposito, R-N.Y., nominee to be inspector general of the Labor Department, testifies during his Senate Health, Education, Labor and Pensions Committee confirmation hearing in June.

Senate panel backs former Rep. D’Esposito for Labor IG; NLRB nominees

By Mark Schoeff Jr.
Posted October 9, 2025 at 3:09pm
Lisa Cook, a member of the Federal Reserve Board, can keep her post until the Supreme Court hears arguments in the case about President Donald Trump's attempt to fire her.

Supreme Court keeps Fed’s Cook in place, sets January hearing

By Mark Schoeff Jr.
Posted October 1, 2025 at 1:57pm
The Robert C. Weaver Federal Building, the current headquarters of the U.S. Department of Housing and Urban Development, is seen on July 8, 2025, in Washington, D.C. (Kent Nishimura/Getty Images)

HUD uses website to blame ‘radical left’ for looming government shutdown

By Olivia M. Bridges and Mark Schoeff Jr.
Posted September 30, 2025 at 3:36pm, Updated at 5:36pm
Lisa Cook testifies about her nomination to the Federal Reserve before the Senate Banking Committee in 2023. She became the first Black woman to sit on the Fed in its history.

Administration seeks to halt judge’s ruling to keep Cook at Fed

By Mark Schoeff Jr.
Posted September 12, 2025 at 10:32am
Stephen Miran, the chairman of the Council of Economic Advisors, testified to the Senate Banking Committee last week. The panel advanced his nomination for a Federal Reserve seat on Wednesday.

Senate Banking advances Miran nomination for Fed

By Mark Schoeff Jr.
Posted September 10, 2025 at 12:48pm
Lisa Cook, a member of the Federal Reserve Board. at a meeting in June.

Judge keeps Cook at Fed as courts consider lawsuit on her firing

By Mark Schoeff Jr.
Posted September 10, 2025 at 9:56am, Updated at 4:47pm
Stephen Miran testifies on Thursday before the Senate Banking Committee. (Win McNamee/Getty Images)

Fed nominee Miran tells senators he’ll be independent of Trump

By Mark Schoeff Jr.
Posted September 4, 2025 at 3:56pm, Updated at 4:36pm
Senate Banking ranking member Elizabeth Warren, D-Mass., right, and other panel Democrats are urging Chairman Tim Scott, R-S.C., left, to delay a nomination hearing for a Federal Reserve Board governor scheduled for Sept. 4. (Tom Williams/CQ Roll Call file photo)

Senate Banking Democrats urge Scott to delay Fed nominee hearing

By Mark Schoeff Jr.
Posted August 29, 2025 at 4:29pm
Federal Reserve Chair Jerome Powell was also named as a defendant in Fed Governor Lisa Cook's lawsuit to prevent President Donald Trump from firing her from the board. The suit included Powell and the board as defendants to stop them from carrying out Trump's action. The Fed said Tuesday it is standing by Cook.

Cook files suit against Trump to keep Fed board seat

By Mark Schoeff Jr.
Posted August 28, 2025 at 11:36am, Updated at 12:50pm
Rep. Frank Lucas, R-Okla., is chairing a House Financial Services Committee task force examining the role of the Federal Reserve.

House panel says it will examine allegations against Fed’s Cook

By Mark Schoeff Jr.
Posted August 26, 2025 at 3:41pm, Updated at 5:40pm
Federal Reserve Chair Jerome Powell, left, speaks with Fed board member Lisa Cook at a meeting in Washington on June 25. Trump said Monday he is firing Cook.

Trump says he’s removing Federal Reserve board member

By Mark Schoeff Jr.
Posted August 26, 2025 at 5:45am
President Donald Trump is seen on the South Lawn of the White House before boarding Marine One on May 12.

Trump picks Heritage economist Antoni to head BLS

By Mark Schoeff Jr.
Posted August 11, 2025 at 8:38pm
From left, Reps. Dusty Johnson, R-S.D., Bryan Steil, R-Wis., French Hill, R-Ark., House Majority Whip Tom Emmer, R-Minn., and Glenn "GT" Thompson, R-Pa., conduct a news conference in the Capitol on Thursday after House passage of a stablecoin bill.

House passes three crypto bills with varying Democratic support

By Mark Schoeff Jr.
Posted July 17, 2025 at 7:45pm
House Freedom Caucus Chair Andy Harris, R-Md., center, said he wanted to drive a "stake into the heart" of a possible central bank digital currency.

Crypto, Defense bills back on track after Oval Office talk

By Mark Schoeff Jr.
Posted July 15, 2025 at 8:36pm, Updated at 9:36pm
Rep. Donald S. Beyer Jr., D-Va., accepts the coveted championship trophy at Wednesday night’s Press & Politicians Spelling Bee. (Mark Schoeff Jr./CQ Roll Call)

Rep. Don Beyer buzzes to spelling bee win

By Mark Schoeff Jr.
Posted June 26, 2025 at 5:08am
Sen. Bill Hagerty, R-Tenn., walks to the Senate floor after the Senate Republicans’ lunch meeting in the Capitol on June 3.

Senate passes stablecoin bill

By Mark Schoeff Jr.
Posted June 17, 2025 at 7:57pm
Sen. Tim Scott, R-S.C., walks to the Senate subway after a vote in the U.S. Capitol on Wednesday, May 14, 2025.

Senate Banking would zero out CFPB funding in reconciliation

By Mark Schoeff Jr.
Posted June 9, 2025 at 3:28pm
Sen. Ruben Gallego, D-Ariz., said bill revisions addressed many of his concerns.

With Democrats in support, Senate crosses hurdle on stablecoins

By Mark Schoeff Jr.
Posted May 19, 2025 at 10:34pm
Jonathan McKernan, the nominee to be director of the Consumer Financial Protection Bureau who hasn't yet received a Senate floor vote, will be tapped for a Treasury post, the department said.

McKernan, in limbo as CFPB nominee, to get a shot at Treasury

By Mark Schoeff Jr.
Posted May 9, 2025 at 4:55pm, Updated at 5:29pm
Sen. Bill Hagerty, R-Tenn., the bill's sponsor, said he didn't want "partisan games" to derail momentum for the bill.

Stablecoins bill faces hurdle after Democrats withdraw support

By Mark Schoeff Jr.
Posted May 5, 2025 at 7:32pm
Jonathan McKernan, nominated to be permanent director of the Consumer Financial Protection Bureau, testifies during his Senate confirmation hearing on Feb. 27. (Tom Williams/CQ Roll Call)

Judge blocks latest attempt to slash CFPB

By Mark Schoeff Jr.
Posted April 18, 2025 at 3:56pm, Updated at 5:13pm
Reps. John LaFalce, D-N.Y., right, and Mike Oxley, R-Ohio, at a committee hearing in 2001.

John LaFalce, New York Democrat who shaped financial legislation, dies at 85

By Mark Schoeff Jr.
Posted April 15, 2025 at 3:43pm
Paul Atkins, confirmed by the Senate on Wednesday to lead the Securities and Exchange Commission, prepares to testify during his confirmation hearing at the Senate Banking Committee on March 27.

Senate confirms Atkins as SEC chair

By Mark Schoeff Jr.
Posted April 9, 2025 at 8:19pm
Paul Atkins, the nominee for the Securities and Exchange Commission, prepares to testify to the Senate Banking Committee Thursday.

Democrats doubt Atkins’ judgment; GOP embraces him for SEC chair

By Mark Schoeff Jr.
Posted March 27, 2025 at 3:40pm
Lori Chavez-DeRemer, confirmed by the Senate Monday to become Labor secetary, greets Rep. Dale Strong, R-Ala., before President Donald Trump’s address to Congress last week.

Senate confirms Chavez-DeRemer for Labor secretary

By Mark Schoeff Jr.
Posted March 10, 2025 at 7:04pm
Jonathan McKernan, the nominee to be director of the Consumer Financial Protection Bureau, received approval from the Senate Banking Committee in a party-line vote Thursday. His nomination now goes to the full Senate.

Senate Banking backs McKernan’s nomination for CFPB director

By Mark Schoeff Jr.
Posted March 6, 2025 at 2:34pm
Jonathan McKernan, the nominee to be director of the Consumer Financial Protection Bureau, listens to the opening statement of Senate Banking ranking member Elizabeth Warren, D-Mass., at his confirmation hearing Thursday.

CFPB nominee promises to keep agency open but downsize it

By Mark Schoeff Jr.
Posted February 27, 2025 at 3:28pm
Lori Chavez-DeRemer, nominee to be secretary of Labor, testifies before the Senate Health, Education, Labor and Pensions Committee on Wednesday.

Labor nominee Chavez-DeRemer backs away from pro-union bill

By Mark Schoeff Jr.
Posted February 19, 2025 at 3:07pm, Updated at 3:52pm
FDIC board member Jonathan McKernan is seen at a House Financial Services hearing on June 12, 2024.

Trump’s choice to lead CFPB, McKernan, left FDIC Monday

By Mark Schoeff Jr.
Posted February 12, 2025 at 6:36pm
Housing and Urban Development secretary nominee Scott Turner testifies during his confirmation hearing on Jan. 16. (Bill Clark/CQ Roll Call)

Senate confirms Turner as HUD secretary

By Mark Schoeff Jr.
Posted February 5, 2025 at 12:54pm, Updated at 2:54pm
Rep. Andy Barr, R-Ky., offered a bill that would fund the CFPB through appropriations.

Chopra’s CFPB exit comes as lawmakers mull changes to its structure

By Mark Schoeff Jr.
Posted February 3, 2025 at 12:36pm
Turner testified to the Senate Banking Committee last week.

Senate Banking approves Turner for HUD along party lines

By Mark Schoeff Jr.
Posted January 23, 2025 at 1:54pm
Eric Scott Turner, President-elect Donald Trump’s choice to become secretary of Housing and Urban Development, testifies before the Senate Banking, Housing, and Urban Affairs Committee on Thursday.

Spending more or spending better animates Turner’s HUD hearing

By Mark Schoeff Jr.
Posted January 16, 2025 at 3:24pm
Rep. Victoria Spartz, R-Ind., linked her vote on returning the gavel to Speaker Mike Johnson, R-La., to commitments on the budget.

Spartz links vote on Johnson to commitment on spending

By Mark Schoeff Jr.
Posted January 2, 2025 at 4:20pm
Venture capitalist David Sacks, center, was chosen by President-elect Donald Trump to be White House “AI and Crypto Czar.” He is pictured here at the Republican National Convention in Milwaukee in July.

Sacks seen bringing ‘on the ground’ experience to AI’s global challenges

By Mark Schoeff Jr.
Posted December 9, 2024 at 2:13pm
Kelly Loeffler, a former Republican senator from Georgia, is President-elect Donald Trump's choice to lead the Small Business Administration.

Trump chooses former Sen. Kelly Loeffler for SBA

By Mark Schoeff Jr. and Olivia M. Bridges
Posted December 4, 2024 at 7:07pm
Paul Atkins, left, a Securities and Exchange Commission member from 2002 to 2008, was chosen to lead the agency by President-elect Donald Trump.

Trump picks Paul Atkins, a former commissioner, to lead the SEC

By Mark Schoeff Jr.
Posted December 4, 2024 at 5:42pm, Updated at 6:10pm
Rep. Lori Chavez-DeRemer, R-Ore., President-elect Donald Trump's pick for Labor secretary, had the endorsement of several unions.

Trump selects Rep. Chavez-DeRemer for Labor

By Mark Schoeff Jr.
Posted November 22, 2024 at 7:58pm
Senate Banking ranking member Sen. Tim Scott, R-S.C., right, could take the committee's top job of Republicans win the chamber. Senate Banking Chairman Sherrod Brown, D-Ohio, left, is in a close race whose outcome could set the stage for a new top Democrat.

Scott eyes Banking gavel, NRSC if Republicans take Senate

By Mark Schoeff Jr.
Posted October 31, 2024 at 5:00am
“Maybe with all the devastation that we’re experiencing, my colleagues and I will come to the conclusion that it may be now or never,” Rep. Emanuel Cleaver II said.

Cleaver calls for ‘bold’ congressional response to hurricanes

By Mark Schoeff Jr.
Posted October 15, 2024 at 7:00am
Democratic presidential candidate Kamala Harris and her running mate, Minnesota Gov. Tim Walz, arrive at Chippewa Valley Regional Airport in Eau Claire, Wis., on Wednesday.

Wall Street could be cautious of Walz’s seat on state board

By Mark Schoeff Jr.
Posted August 7, 2024 at 3:47pm
Ohio Sen. JD Vance, the GOP nominee for vice president, is changing the party’s rhetoric on Wall Street and financial services.

Vance says Republicans are done ‘catering to Wall Street,’ puts financial policy in context of social issues

By Mark Schoeff Jr.
Posted July 18, 2024 at 2:29pm
Christy Goldsmith Romero, President Joe Biden’s nominee to chair the FDIC, testifies at her confirmation hearing on Thursday.

FDIC nominee promises ‘complete overhaul’ of agency culture

By Mark Schoeff Jr.
Posted July 11, 2024 at 3:52pm
Journalist Alex Clearfield was the last speller standing at Thursday night’s National Press Club event.

Clearfield leads press to win over politicians in National Press Club Spelling Bee

By Mark Schoeff Jr.
Posted June 28, 2024 at 11:07am
Federal Deposit Insurance Corporation Chairman Martin Gruenberg last month announced his plans to resign amid allegations of a toxic workplace culture.

Biden chooses CFTC’s Romero to replace Gruenberg as FDIC head

By Mark Schoeff Jr.
Posted June 13, 2024 at 4:37pm