The next presidential debate should include banking
Certain topics have dominated in the Democrats’ prior face-offs, but issues like regulatory relief have the potential to highlight crucial differences between the candidates. ... Read full article
Certain topics have dominated in the Democrats’ prior face-offs, but issues like regulatory relief have the potential to highlight crucial differences between the candidates. ... Read full article
The two Democrats waded into a court battle over the president's ability to fire a director of the Consumer Financial Protection Bureau. ... Read full article
By declaring that she has too much statutory power, the agency’s director has potentially opened a floodgate of litigation. ... Read full article
The Fed’s top regulatory official said how agencies adjust their supervisory approach may prove just as important as their rulemaking efforts. ... Read full article
Elder financial exploitation is a vast and growing problem in the U.S., and one that presents difficult policy challenges for law enforcement and banks. ... Read full article
If the court agrees to hear the case, its conservative majority could make it easier for a president to fire a CFPB director, though other outcomes are possible. ... Read full article
From expanding their membership to buying naming rights for major stadiums, big credit unions are taking unfair advantage of their tax exemption, bankers and industry observers argue. ... Read full article
Steven Zeisel, a lobbyist with the Consumer Bankers Association who died Sunday, was a strong voice for financial institutions navigating post-crisis regulations. He also had the ear of policymakers on the other side of the table. ... Read full article
From expanding their membership to buying naming rights for major stadiums, big credit unions are taking unfair advantage of their tax exemption, bankers and industry observers argue. ... Read full article
The plan approved by the Federal Deposit Insurance Corp. Tuesday would require banks to exchange initial margin only in deals involving external swaps parties. ... Read full article
The agency's director told congressional leaders and staff that she backs a Supreme Court challenge to the bureau's leadership structure. ... Read full article
The Supreme Court may be closer to examining a key restraint on a president's ability to change CFPB leadership. ... Read full article
The most widely-referenced interest rate benchmark will cease to function after 2021, and the financial system is still coming to grips with that complicated reality. ... Read full article
When the former vice president and Massachusetts senator appear together in Houston, they could present two contrasting visions of financial policy within the presidential field. ... Read full article
A new kind of institution wants to make the interest rate the Federal Reserve pays to its member institutions more widely available, but that could have big implications for monetary policy. ... Read full article
A new kind of institution wants to make the interest rate the Federal Reserve pays to its member institutions more widely available, but that could have big implications for monetary policy. ... Read full article
An agency with a mission to protect consumers deserves to have a role in approving M&A deals. ... Read full article
The debate over the CFPB's plan to revamp its payday lending regulation should focus on the benefits for borrowers. ... Read full article
The agencies handed banks a significant victory when they finalized revisions to the Dodd-Frank proprietary trading ban, but officials also plan to re-propose changes to the “covered funds” section of the rule. ... Read full article
After two regulatory agencies adopted final revisions to the rule, Dodd-Frank defenders expressed concern that the amendments to the proprietary trading ban undermined the post-crisis statute. ... Read full article