News Topic: Financial regulations

The Government Accountability Office determined that three Obama-era letters from the central bank related to large-bank supervision should have been submitted for congressional review. ... Read full article

The nation's largest bank is hiring former prisoners for entry-level jobs and funding a policy center whose mission will be to help adults with criminal histories reenter the workforce. ... Read full article

A regulatory proposal to ease the initial margin buffer on certain derivatives trading could be harmful to the economy. ... Read full article

As the administration gears up to end a decade of government control of Fannie and Freddie, are there any good options? ... Read full article

Large banks are increasingly taking stands on social issues like gun rights and climate change. Some see this as a troubling development. ... Read full article

The industry had welcomed the Consumer Financial Protection Bureau plan allowing debt collectors to use electronic communication, but some worry about the effect of a court decision concerning email correspondence. ... Read full article

The three federal banking agencies moved to raise the threshold for residential transactions that require an appraisal from $250,000 to $400,000. ... Read full article

New plans for a ballot initiative in November 2020 threaten to overturn concessions that financial institutions, tech firms and other companies have won from state lawmakers. ... Read full article

Elder financial exploitation is a vast and growing problem in the U.S., and one that presents difficult policy challenges for law enforcement and banks. ... Read full article

From expanding their membership to buying naming rights for major stadiums, big credit unions are taking unfair advantage of their tax exemption, bankers and industry observers argue. ... Read full article

From expanding their membership to buying naming rights for major stadiums, big credit unions are taking unfair advantage of their tax exemption, bankers and industry observers argue. ... Read full article

The vote Friday was a victory for consumer advocacy groups that have been pushing for years to rein in lenders that charge triple-digit rates. ... Read full article

The most widely-referenced interest rate benchmark will cease to function after 2021, and the financial system is still coming to grips with that complicated reality. ... Read full article

JPMorgan CEO Jamie Dimon said at an investor conference that the Trump administration's plan for Fannie and Freddie would provide more opportunities for financial institutions. He also called for an end to the U.S.-China trade war and weighed in on ... Read full article

A new kind of institution wants to make the interest rate the Federal Reserve pays to its member institutions more widely available, but that could have big implications for monetary policy. ... Read full article

A new kind of institution wants to make the interest rate the Federal Reserve pays to its member institutions more widely available, but that could have big implications for monetary policy. ... Read full article

A growing number of companies, led by Walmart, are offering payroll advance loans to their workers; Christian Sewing said he will invest 15% of his net earnings in the German bank’s struggling shares. ... Read full article

House Financial Services Committee Chairwoman Maxine Waters and over a hundred other lawmakers want the agency to go forward with a mandatory underwriting requirement for payday loans. ... Read full article