Capital requirements

FedNow is necessary, Fed digital currency is not: Mester


The Cleveland Fed president dismissed concerns about the central bank's faster payments system competing with The Clearing House's network, while saying that a national digital currency is less of a necessity in the U.S. than in other countries.


Regulators want Sewing to give up a title; Changes to JPM balance sheet


The ECB and BaFin say dual roles “could undermine” bank's restructuring efforts; JPM shifts cash into long-term bonds because of capital rules.


FHFA's Calabria is open to wiping out Fannie, Freddie shareholders


At a House hearing covering a whole host of housing finance reform topics, Fannie Mae and Freddie Mac's regulator said "if the circumstances" call for eliminating investors, "we will."


Fannie and Freddie get to keep their earnings. Now what?


Allowing the mortgage giants to retain profits resolves a short-term capital shortfall, but how much capital they would need after exiting conservatorship is still the bigger question.


Libra may lose PayPal backing; CFTC levies rare swaps fine


The company was the only no-show at the gathering of Facebook’s payments partners; HSBC was fined $650,000 for violating swaps risk management rules.


Streamlined Volcker Rule could encourage some banks to take bigger risks


The revised trading rule is seen as a credit negative for banking industry.


CFPB investigating BofA, fintechs and fraud, Mooney to retire: Top stories of the week


The consumer agency is investigating Bank of America over “potentially unauthorized” accounts; why fintech rollouts are magnets for fraud; KeyCorp’s Beth Mooney to retire next year; and more from this week’s most-read stories.


Trump housing plan could have unintended consequences for FHA


The proposed reforms of Fannie Mae and Freddie Mac have gotten all the attention, but the administration also wants to scale back the Federal Housing Administration, expand its capital cushion and adopt risk-based pricing. Some of the ideas have former agency officials concerned.


Treasury mulling appeal of GSE investor ruling to high court: Mnuchin


Federal appeals court judges in New Orleans on Friday appeared to back claims by investors that Treasury's "net worth sweep" is illegal.


Will GSE reform get some clarity from long-awaited blueprints?


The mortgage industry will be looking for answers when Treasury and HUD unveil reports on housing finance reform, but the Trump administration’s plans could also raise a whole new host of questions.