Federal Reserve

Banks’ imperfect options for killing CFPB arbitration rule

07/13/17

The industry and GOP lawmakers face short time frames and other challenges in trying to repeal the Consumer Financial Protection Bureau's arbitration rule.

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Bank loses pay discrimination lawsuit

07/13/17

A community bank gets taken to task by the Equal Employment Opportunity Commission. Tennis player Andy Murray makes his mom — and lots of other women — proud at Wimbledon. Also, the Bank of England's Charlotte Hogg and Morgan Stanley's Naureen Hassan.

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Regulators not done with Wells: Yellen

07/13/17

Federal Reserve Chair Janet Yellen said the central bank is prepared to issue further enforcement actions against Wells Fargo for its account scandal if “appropriate.”

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Yellen lends support to tweaking big-bank capital measure

07/12/17

Federal Reserve Board Chair Janet Yellen on Wednesday defended policies related to commercial banks in the face of GOP criticism while also pinpointing areas where the Fed is open to regulatory easing.

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Quarles’ tough job; Heloc worries ease

07/12/17

Trump’s nominee for head of bank supervision at the Fed may tackle Volcker Rule revision; rising home prices and improved job market give borrowers more options as lines of credit reset.

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Big banks plead for capital relief. D.C. is listening

07/11/17

The administration and regulators are considering exempting certain asset classes from the leverage ratio, but opponents say going down that road is a mistake.

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CFPB nixes arbitration; ‘Friendly’ regulator nominated to Fed

07/11/17

Agency rule would make it easier to sue banks, but Congressional Republicans likely to fight it; Trump nominates Randal Quarles as Fed’s vice chair for supervision.

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Trump chooses former Treasury official for key Fed job

07/10/17

President Trump will nominate Randal Quarles as the Federal Reserve's vice chairman of supervision, the top bank regulatory post at the central bank, according to an announcement by the White House late Monday.

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Treasury quietly looking at revamping CRA

07/10/17

Tucked away in the Treasury Department’s regulatory reform report released last month was a nascent effort to reform the way regulators implement the Community Reinvestment Act.

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'If not now, when?' Fed's Powell on GSE reform

07/06/17

Federal Reserve Board Gov. Jerome Powell stopped short of endorsing any single housing finance reform plan, but called on lawmakers to resolve what he described as the biggest unfinished business of the crisis.

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