House Dems employ new strategy to block GOP Dodd-Frank overhaul
The new Democratic strategy to block GOP Dodd-Frank rewrite is to give it more airtime. ... Read full article
The new Democratic strategy to block GOP Dodd-Frank rewrite is to give it more airtime. ... Read full article
Readers weigh in on Wells Fargo investors reelecting state regulators suing the OCC, Wells Fargo's annual meeting, ultralow interest rates and more. ... Read full article
Treasury Secretary Steven Mnuchin's upcoming report on how to rewrite financial regulation is likely to end up looking very similar to a Dodd-Frank overhaul plan in the House. ... Read full article
Scott Alvarez, the general counsel of the Federal Reserve, said the Dodd-Frank Act provision that allows regulators to handle the failure of a large financial institution would have been useful during the financial crisis. ... Read full article
Democrats drew a line in the sand Wednesday, opposing a provision in a GOP bill that would allow banks to comply with fewer rules in exchange for holding more capital. ... Read full article
Wells Fargo has “adequately remediated the remaining deficiencies" in the living wills it had originally filed in 2015, regulators said on Monday. ... Read full article
The fight over a Consumer Financial Protection Bureau rule adding new restrictions to prepaid cards is intensifying as some Republicans hope to overturn it before a looming deadline expires. ... Read full article
President Trump's executive orders question Obama-era financial crisis prevention system. ... Read full article
The president’s targeting of FDIC’s Orderly Liquidation Authority may ultimately heighten concerns about “too big to fail.” Here's why. ... Read full article
Readers sound off an attempt to block prepaid regulations, threats to consumer privacy, FSOC’s political bent, the proper use for SARs, and more. ... Read full article
At the heart of the push to roll back the Dodd-Frank Act are claims that the 2010 reform law is killing lending. But these assertions should be backed by data. ... Read full article
The House GOP has signaled that it is ready to move forward on its Dodd-Frank Act replacement plan. ... Read full article
The Financial Stability Oversight Council is masquerading as an analytical, objective body that more accurately reflects the Dodd-Frank Act’s aim to expand the power of bureaucrats. ... Read full article
Traditional banks’ budgets for growth and transformation have been virtually non-existent since the financial crisis. In the new political and economic climate, traditional banks will gain the resources they need to innovate. ... Read full article
Randal Quarles, the latest front-runner for the vice chair of banking supervision at the Federal Reserve Board, would represent a moderate, mainstream Republican choice that is likely to be welcomed by the financial services industry. ... Read full article
In an interview, CEOs for midsize banks said they are hopeful for a bipartisan Dodd-Frank Act reform bill that eases regulatory requirements for institutions with assets of more than $10 billion. ... Read full article
The Loan Syndications and Trading Association is appealing directly to Treasury Secretary Steven Mnuchin to exempt collateralized loan obligation managers from rules requiring "skin in the game" of deals. ... Read full article
A carve-out that shielded billions of dollars in collateralized loan obligations from Dodd-Frank's risk-retention mandate could work against banks and other CLO managers if Dodd-Frank is overhauled. ... Read full article
The financial press looks at possible ramifications from Jes Staley's attempt to unmask a whistleblower at the British bank; why has the digital currency failed to live up to eight years of hype? ... Read full article
A new Republican plan to streamline Dodd-Frank's capital rules, stress tests and many other requirements will be reintroduced in the coming weeks by House Financial Services Committee Chairman Jeb Hensarling. ... Read full article