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  • EghtesadOnline: U.S. President Donald Trump ordered the Treasury Department on Friday to examine two powers given to regulators to police large financial companies following the 2008 financial crisis, Treasury Secretary Steven Mnuchin said.

  • Craig Phillips’s time at BlackRock is “probably more relevant” than his politics.

    EghtesadOnline: As a member of Hillary Clinton’s national finance committee, a distinction reserved for those who raised at least $100,000 for her presidential bid, Craig Phillips qualified as a Hillary superfan, or a “Hillblazer” in the words of the campaign. A former BlackRock Inc. executive, Phillips had told friends and colleagues he hoped to get a political appointment at the Treasury Department, parlaying his big donations into a big job in Washington. His plan half-worked. Phillips is indeed working at the Treasury; it’s just that his boss is Donald Trump, and his job is totally different from what it would’ve been under Clinton.