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.
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.
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.
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.
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.
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.
During a meeting with more than a hundred community bankers on Monday, Trump administration officials made it clear they favored a system with different rules for small and big banks.
