Financial regulations

The evolution of the Fed's stress tests

06/12/19

Stress tests have come a long way since first unveiled to shore up confidence in banks. But some critics fear that proposals to make the system more efficient would compromise its safety.

[more]

Credit union courts nonmember deposits (and trouble with banks)

06/07/19

Freedom Northwest in Idaho hopes a proposal from the NCUA will help it bring in more deposits to fund a fast-growing mortgage business. Banks are crying foul.

[more]

6 policy responses to leveraged lending fears

06/06/19

Options include legislation to study the risk of leveraged loans, more aggressive action by the Financial Stability Oversight Council and additional capital buffers. Policymakers may also choose to do nothing.

[more]

Why is the U.S. payments system still so slow?

06/05/19

The U.S. still relies on antiquated payment processing technologies while other countries can process in real-time. What's the holdup?

[more]

Besieged Florida banking regulator avoids firing — for now

06/05/19

Florida Gov. Ron DeSantis is attempting to sort out allegations of sexual harassment against the state's banking commissioner and counterclaims of a political setup.

[more]

Asked to resign, Florida’s top banking regulator claims corruption

05/29/19

Ronald Rubin was asked by the state’s chief financial officer to resign after a review of an Inspector General’s report detailed allegations of sexual harassment. Instead, Rubin is countering with accusations against the CFO.

[more]

CFPB’s Kraninger digs in over halt to military lending exams

05/27/19

Kathy Kraninger, the bureau's director, is in a standoff with Democrats about her claim that the agency cannot supervise institutions under the Military Lending Act.

[more]

FDIC, payday lenders agree to settle Choke Point lawsuit

05/22/19

As part of the deal, the agency summarized its policy on account terminations and issued a letter acknowledging that some employees “acted in a manner inconsistent with FDIC policies with respect to payday lenders.”

[more]

Backers of pot banking bill see the finish line in House

05/21/19

The legislation faces a tougher path in the Senate where GOP leaders are reluctant to ease restrictions on what is still a banned narcotic.

[more]

Don’t drop the ball on trans-Atlantic cooperation

05/17/19

The U.S. and Europe should continue to harmonize their banking rules, including for foreign banking operations, just as they did in the wake of the financial crisis.

[more]