News Topic: Financial regulations

Readers weigh in the effect of Federal Reserve actions on wealth distribution, how a new startup could reduce overdraft fees, Watson's attempts to catch rogue traders, and more. ... Read full article

The Trump administration’s formal ouster of Comptroller of the Currency Thomas Curry has set in motion a sea change atop financial regulatory agencies that will likely unfold slowly over the next year. ... Read full article

Sen. Sherrod Brown, the top Democrat on the Senate Banking Committee, came out swinging Wednesday after the Treasury Department confirmed it would select banking attorney Keith Noreika as the interim head of the OCC. ... Read full article

More than 100 days into Trump’s presidency, financial regulators still lack key appointments. Here's why that matters. ... Read full article

President Donald Trump said he is actively considering breaking up giant Wall Street banks, giving a push to efforts to revive a Depression-era law separating consumer lending and investment banking. ... Read full article

Democrats drew a line in the sand Wednesday, opposing a provision in a GOP bill that would allow banks to comply with fewer rules in exchange for holding more capital. ... Read full article

The biggest bank M&A agreement of the year might not have happened if the buyer, Sterling Financial, had refused to prove to Astoria Financial that it had thoroughly vetted the deal with regulators. ... Read full article

The fight over a Consumer Financial Protection Bureau rule adding new restrictions to prepaid cards is intensifying as some Republicans hope to overturn it before a looming deadline expires. ... Read full article

President Trump has been in office for nearly 12 weeks, but he still hasn’t nominated several critical positions among financial services regulators. Following is a guide to what’s vacant now, and when other posts will be available. ... Read full article

Federal Reserve Gov. Jerome Powell has been tapped to head the agency’s supervisory committee, the post formerly held by Gov. Daniel Tarullo. ... Read full article

In a blog post published Thursday, Neel Kashkari criticized key parts of Jamie Dimon’s annual letter to JPMorgan Chase shareholders. ... Read full article

Richmond Federal Reserve Bank President Jeffrey Lacker’s revelation that he was behind a 2012 leak may embolden the central bank’s critics in Congress. ... Read full article

Access to banking information ensures advisers can perform holistic planning, fintech firms say. ... Read full article

Speaking at a town hall event in Washington, D.C., JPMorgan Chase CEO Jamie Dimon said that post-crisis regulations have made mortgages too costly for consumers — and made homeownership unattainable for borrowers with low incomes or blemished credit ... Read full article

Sen. Pat Toomey, R-Pa., asked the Government Accountability Office to weigh in on whether two pieces of bank regulatory guidance are in fact rules for the purposes of the Congressional Review Act. ... Read full article

With slim odds of getting eight Democrats to support major Dodd-Frank Act reforms, Republicans are turning to other measures to make changes to the 2010 reform law. ... Read full article

During a panel discussion Tuesday, regulators said they are trying not to crack down too hard on sales incentive programs and fix problems that bankers have identified with the exam system. ... Read full article

Community bankers want a two-year span between exams for small banks in good standing. Regulators, however, are reluctant to revert to pre-crisis policies. ... Read full article