News Topic: Federal Reserve

A House plan to provide regulatory relief will be more far-reaching when it is reintroduced soon by rendering the consumer protection agency toothless and providing banks with extra incentives to opt into a deregulatory plan. ... Read full article

The rise in home values is good news for homeowners looking to tap the equity in their homes to pay down debt or make big purchases, but some consumer groups fear it could lead to a new wave of loan defaults. ... Read full article

The American Bankers Association filed a lawsuit Thursday against the Federal Reserve and the federal government in general over a provision in the 2015 transportation bill that diverted dividend payments to Fed member banks to the highway fund. ... Read full article

Scott Alvarez, the Federal Reserve's long-time general counsel, will retire later this year after nearly three dozen years at the central bank, the agency announced Wednesday. ... Read full article

Easing regs without mulling the consequences could hurt the financial system, but a fintech charter and other careful reforms could promote innovation, Patrick Harker said. ... Read full article

The Federal Reserve’s regular opinion survey of senior bank loan officers suggests that lenders expect to ease lending standards for commercial and industrial loans in 2017, while also expecting to have to tighten lending standards for commercial real ... Read full article

A top House Republican is calling on the Federal Reserve to cease its participation in international standards-setting forums until after President Trump has installed his own leadership in the central bank. ... Read full article

Several groups are developing real-time payments systems for the U.S., and most everyone agrees success is inevitable, but how quickly they can make enough progress to satisfy consumers is a point of contention. ... Read full article

The Federal Reserve Board approved a proposal Monday designed to exempt most of the 33 banks subject to annual stress testing from the “qualitative” aspects of the test. ... Read full article

Federal and state regulators on Friday announced that BB&T has agreed to a consent order over weaknesses in its Bank Secrecy Act and anti-money-laundering program. ... Read full article

President Trump’s reported interest in GE Capital CEO David Nason — a former Bush Treasury official and front-row participant in the government’s response to the financial crisis — is sending the signal that the new administration intends to take a ... Read full article

The financial services industry has high hopes that President Trump will usher in a new era of less regulation and economic growth. Here are challenges his administration will face. ... Read full article

Any economic environment, including this one, has risks but it is unclear whether banks are sufficiently worried about what lies ahead. ... Read full article

Regulators gave Citigroup Inc. a passing grade on its plan detailing how it would go through a potential bankruptcy, but the “living will” plans from the other big U.S. banks received harsher assessments in evaluations released Wednesday. Here’s a ... Read full article

Federal Reserve Bank Chair Janet Yellen held a news conference Wednesday in Washington, where she announced that the Fed will raise its benchmark interest rate for the first time since 2008. ... Read full article