The letter from 29 Republicans, including some who may chair the House Financial Services Committee next year, urges the Federal Reserve’s top regulator to ‘recalibrate’ the capital surcharge for banks like JPMorgan Chase and Citigroup. ... Read full article
It may be unprecedented, but it was hardly surprising. Still, it comes at a dangerous time for the Fed. Here’s why. ... Read full article
The Fed's top regulatory official suggested that some banks could get a break from filing resolution plans and see the frequency of their stress tests reduced. ... Read full article
The central bank has encountered criticism for allowing three banks to direct funds to dividends and buybacks even though their capital levels fell below required minimums. ... Read full article
The chairman of the Federal Reserve is testifying before Congress this week, where he will likely face tough questions about the agency’s decision to let two banks slide on their exams late last month. ... Read full article
The industry is slated for another busy week, with more bank results on the horizon, plus a nomination hearing for Trump’s pick to head the CFPB. ... Read full article
The central bank's rule-writing workload is expected to remain busy for the foreseeable future, thanks in large part to enactment of the recent regulatory relief bill. ... Read full article
The rule hews closely to a 2016 proposal but the central bank made a notable change to reflect a higher threshold for banks considered "systemically important." ... Read full article
Federal Reserve Chairman Jerome Powell said the agency has its hand full between proposals on liquidity and capital requirements and additional mandates made by the recently enacted regulatory relief law. ... Read full article
The agency will release the results of the Dodd-Frank Act Stress Test on June 21 and the Comprehensive Capital Analysis and Review on June 28. ... Read full article
The proposal to ease compliance with the Volcker Rule was portrayed as a rollback of the Dodd-Frank ban on proprietary trading. But it wasn't — here's why. ... Read full article
Proposal to revamp 2013 rule appears to home in on larger banks with higher trading volume and ease the requirements for others. ... Read full article
More than a dozen lawmakers wrote to the banking agencies Friday, arguing that any regulatory reforms to the Community Reinvestment Act should focus on expanding access to credit. ... Read full article
As the Fed continues to hone post-crisis tools, its chairman said central banks cannot take their independence for granted. ... Read full article
Fed Chair Jerome Powell said Thursday that the central bank's board of governors will take a vote before Wells Fargo is ultimately released from its growth restriction mandate, a decision that had previously been left up to staff. ... Read full article
The Senate Banking Committee will consider the nominations of Richard Clarida and Michelle "Mick" Bowman to the Federal Reserve next week. ... Read full article
Over the past week, regulators have proposed the most substantial changes to capital requirements for the largest banks in years, but the most startling thing was how unremarkable they were. ... Read full article
The agencies proposed changes to the way they apply a capital backstop to the largest systemically important firms, replacing a static leverage ratio with a more dynamic ratio that takes each bank’s risk profile into account. ... Read full article
With the largest banks remaining profitable and globally competitive, Federal Reserve Chairman Jerome Powell said he has not yet heard a compelling case for giving them substantial regulatory relief. ... Read full article
In his last major speech as the agency’s No. 2, Thomas Hoenig said it would be a “serious policy mistake” to relax measures such as the supplementary leverage ratio, but he was more open to regulatory relief in other areas. ... Read full article
