News Topic: Bankshot

The FHFA director’s recent comments about whether the government-sponsored enterprises should be designated as SIFIs tees up a potentially significant element of the mortgage finance debate. ... Read full article

Lawmakers are taking a closer look at the company’s data collection practices and its work on cryptocurrency payments, raising the possibility of more action down the line. ... Read full article

The legislation from Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez is part of an effort to shift the range of what is thinkable in Washington to the left. It may also serve to highlight the vulnerabilities of Democrats with bank-friendly records. ... Read full article

The Financial Stability Oversight Council is shifting away from designating specific nonbanks and moving toward identifying activities that threaten the whole system. But some say that approach just weakens the council. ... Read full article

As with the debate over guns, climate change and other social issues, banks may find themselves pressured to do more to address the country's wealth gap. ... Read full article

It remains to be seen whether anti-money-laundering provisions will get a deeper look this Congress or whether political optics will divide lawmakers on moving ahead with changes. ... Read full article

The internet giant's planned gaming service may create an omnichannel model for banks to emulate. ... Read full article

If there is renewed interest in a proposal to restrict incentive-based plans, that isn’t enough to overcome obstacles that have hindered the rulemaking for so long. ... Read full article

Banks once again are finding themselves in the political crosshairs over customers they finance, but this time it’s community activists, not the government, leading the charge. ... Read full article

The administration is sending conflicting signals on whether it has a plan to overhaul the housing finance system, further complicating an already complex debate. ... Read full article

A no-deal Brexit could throw the international swaps market into disarray in a way that could be difficult to predict, and could have dire consequences for U.S. banks and the world economy. ... Read full article

The freshman congresswoman will likely join the Financial Services Committee, where she could use her populist momentum to bring criticisms of the country's biggest banks even further into the mainstream. ... Read full article

From anti-money-laundering reform to pot banking, there are deals to be had on financial services legislation. The question is whether anyone wants to make them. ... Read full article

There is no banking crisis, but the president’s actions are threatening to create one. ... Read full article

Media reports say President Trump is polling advisers on whether he can fire the head of the central bank. He probably can't, but that may not stop him from trying. ... Read full article

Kathy Kraninger's unexpected decision is small, but symbolically important. Here's why. ... Read full article

An eight-month-old consent order appears to be forcing the San Francisco bank to grapple more deeply than it did previously with the many failures that led to its account-opening scandal. ... Read full article

An internal agency analysis says changing the name of the bureau to the BCFP, as Mulvaney wants, could cost banks, credit unions and mortgage firms $300 million. It doesn’t have to be this way. ... Read full article