Texas bank commissioner appointed to nonvoting FSOC seat
The Dodd-Frank Act requires that one of the five nonvoting members of the Financial Stability Oversight Council be a state banking supervisor. ... Read full article
The Dodd-Frank Act requires that one of the five nonvoting members of the Financial Stability Oversight Council be a state banking supervisor. ... Read full article
Credit unions historically have focused on laws that directly pertain to them, but in a break with that tradition, NAFCU is calling on Congress to re-introduce efforts to break up big banks. ... Read full article
In a report, the watchdog said the economic environment and competition instead have driven trends in small business lending. ... Read full article
The agencies had proposed revisions designed to make compliance less complex, but banks have expressed concern that the plan could have the opposite effect. ... Read full article
The Consumer Financial Protection Bureau issued an interpretive rule Friday to clarify changes made to the Home Mortgage Disclosure Act that were mandated by President Trump's regulatory relief law. ... Read full article
The North Dakota Democrat says legislation reforming Dodd-Frank needs to be bipartisan in order for banks to see real relief. ... Read full article
The North Dakota Democrat bucked members of her own party in pushing for a bill reforming Dodd-Frank. She faces another uphill battle in November. ... Read full article
The regulation implements a recent legislative provision dealing with how banks comply with post-crisis liquidity requirements. ... Read full article
The trading ban is even less effective than feared at making the banking system safer. ... Read full article
The mortgage giants Fannie Mae and Freddie Mac would have to draw as much as $78 billion in the event of a serious economic crisis, according to stress test results released Tuesday by the housing regulator. ... Read full article
Readers react to Wells Fargo's latest penalty, weigh in on the Vatican's criticism of credit default swaps and opine on the long tail of the financial crisis. ... Read full article
Kate Childress will run government affairs, communications and member engagement for the newly formed Bank Policy Institute. ... Read full article
Despite some regulatory gains under the last administration, the deregulation underway by Trump officials threatens to endanger the financial system all over again. ... Read full article
Conservatives will continue to fight for the kinds of reforms embodied in the Choice Act for decades to come, and history suggests they will likely win out. ... Read full article
As memories of the financial crisis fade, consumers are back to their old spending and saving habits — and that could be a big problem. ... Read full article
In a letter to heads of five Federal regulators, Sens. Elizabeth Warren, Sherrod Brown and Jeff Merkley say the public should know the impact of Volcker in light of proposed changes. ... Read full article
The D.C. movers and shakers at the center of the financial crisis — and the government’s response — have all moved on to new positions. Here's a look at what they did afterwards. ... Read full article
Ten years ago, it was a banking crisis, but it became a political one. That crisis never ended. ... Read full article
As a House staffer, Dino Falaschetti tried to repeal Treasury’s Office of Financial Research. He should not be put in charge of it. ... Read full article
Readers respond to Mulvaney's changes to the CFPB's consumer board, weigh a proposal regarding fair lending, react to adoption of pot banking regtech and more. ... Read full article