Trump eyes repeal-and-replace strategy for Dodd-Frank
Meeting with CEOs, President Trump discussed reducing the financial regulatory burden among a series of actions he is pursuing to make the U.S. more business-friendly. ... Read full article
Meeting with CEOs, President Trump discussed reducing the financial regulatory burden among a series of actions he is pursuing to make the U.S. more business-friendly. ... Read full article
A Senate Republican effort to use an obscure process to restructure the CFPB could derail any bipartisan agreement on targeted changes to the Dodd-Frank Act. ... Read full article
A recent survey found that a vast majority of bankers expect lawmakers to make only moderate changes to existing industry regulation. ... Read full article
Jeffrey Lacker admits his involvement in a 2012 leak that sparked a criminal probe by the Fed; Wells has fired dozens in its credit card processing unit for inflating merchants' sales figures. ... Read full article
In his annual letter to shareholders, M&T Bank chief Robert Wilmers laid out in compelling detail how government policies intended to protect American families have ultimately stymied economic growth. ... Read full article
In his final public remarks before stepping down from the agency, Fed Gov. Daniel Tarullo called for several changes to the system, including dropping a key element of the stress tests and rethinking the Volcker Rule. ... Read full article
Efforts at regulatory reform often ignore the source of what led to the overregulation in the first place: the legislative process. ... Read full article
Nearly 40 current and former congressional Democrats — including the namesakes of the Dodd-Frank Act — challenged the notion that Congress may not dictate the organization of federal agencies. ... Read full article
American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms. ... Read full article
Senate Banking Committee Chairman Mike Crapo acknowledged Thursday that a broad Dodd-Frank relief package is likely out of reach, but said targeted reforms could still pass. ... Read full article
With slim odds of getting eight Democrats to support major Dodd-Frank Act reforms, Republicans are turning to other measures to make changes to the 2010 reform law. ... Read full article
Lawmakers from both parties asked experts Tuesday if institutions with less than $10 billion of assets should be exempt from Dodd-Frank regulations, signaling a possible bipartisan compromise. ... Read full article
Richard Hunt of the Consumer Bankers Association on reg reform, the chances for a Durbin rollback and more. ... Read full article
House Republicans’ failure to repeal the Affordable Care Act – an issue that has animated the party caucus since its passage in 2010 — has thrown into question their ability to enact regulatory relief. ... Read full article
The administration wants to deal with the concerns of banks of all sizes in its deregulatory efforts, Treasury Secretary Steven Mnuchin said Friday. ... Read full article
The Trump administration’s interest in reinstating barriers between commercial and investment banking is sparking conversations about what such a proposal would entail. ... Read full article
Though it's too early to have a concrete plan regarding Fannie Mae and Freddie Mac, the administration is creating a set of principles that it hopes to release in a few months, a senior official said Tuesday. ... Read full article
The Justice Department told a federal appeals court on Friday that President Trump should have the authority to fire the head of the Consumer Financial Protection Bureau. ... Read full article
Attendees at this year's Independent Community Bankers of American convention are being urged to lobby hard to get regulatory relief moved closer to the top of Washington's to-do list. ... Read full article
When one considers the available data on bank lending, there is a lot more to the story. The solid loan growth at commercial banks in recent years has been concentrated in some of the sectors that appear least in need of credit. ... Read full article