News Topic: Dodd-Frank

Readers opine on legacy core systems, the negative messaging around the Troubled Asset Relief Program, Jamie Dimon defending his Trump ties, and more. ... Read full article

Treasury Secretary Steven Mnuchin was pressed for his views on housing finance reform, what a “modernized” version of the Glass-Steagall Act would look like and a two-tiered regulatory system. ... Read full article

Some believe that increased bank regulation is to blame for overall slower growth in commercial and industrial loans. Yet that assessment misses some important details. ... Read full article

Sen. Jon Tester, D-Mont., and Sen. Jerry Moran, R-Kan., introduced legislation Wednesday that would raise the stress testing threshold for small and community banks to $50 billion of assets. ... Read full article

Treasury Secretary Steven Mnuchin is expected to face tough questions on the OCC, Glass-Steagall and housing finance reform when he testifies on Thursday. ... Read full article

Democrats in the House and Senate introduced a bill Tuesday that would get rid of an obscure legislative process that has handcuffed rulemakings from the Consumer Financial Protection Bureau and other regulators. ... Read full article

A House Republican bill would allow lax lending standards to creep back into the financial system by gutting the CFPB, according to a letter from 158 law professors and scholars. ... Read full article

Recent data on derivatives suggests strongly that increased clearing has occurred apparently at the expense of reporting dealers. ... Read full article

Readers sound off on the use of AI in underwriting, the reasons for the failure of a Milwaukee bank, U.S. banks’ progress in adopting APIs, and more. ... Read full article

There are barriers to possible efforts by Acting Comptroller of the Currency Keith Noreika to act unilaterally to change the Volcker Rule. ... Read full article

Brent Beardall, who recently took the helm at Washington Federal, discusses having excess capital, myriad potential fintech partners and why he would tweak — not repeal — Dodd-Frank. ... Read full article

CFPB runs out congressional clock and saves prepaid card rule ... Read full article

Andreas Dombret, the top banking regulator in Germany, said that international standards need to be vigorously enforced and implemented. ... Read full article

As Treasury Department officials review the Financial Stability Oversight Council’s designation process, they should also reexamine how the Dodd-Frank Act defines systemic risk. ... Read full article

The House Financial Services Committee approved the Financial Choice Act by 34 to 26. While it has enough support to clear the GOP-controlled House, it is unlikely to gain traction in the Senate. ... Read full article

The full-scale attack on the “orderly liquidation authority,” the Dodd-Frank Act provision authorizing the government to manage wind-downs of failed companies, is unfortunate. ... Read full article

The House Financial Services Committee began debate Tuesday on a sweeping regulatory reform bill, yet while it is expected to pass on party lines, few expect it to standa chance in the Senate. ... Read full article

Cam Fine, the longtime CEO of the Independent Community Bankers of America, is set to announce plans to retire next year, handing the reins to a community banker. ... Read full article