News Topic: law-regulation

The Consumer Financial Protection Bureau's payday loan proposal threatens many money services businesses on the front lines of stopping money-laundering and terrorist financing. ... Read full article

Now is not the time for the Federal Housing Administration Â-- which has stayed strong amid turmoil Â-- to reduce its market share. ... Read full article

The central bank's "total loss absorbing capacity" proposal must be reworked to ensure that costs of huge failures don't fall on society at large. ... Read full article

Fed's Challenges Go Beyond When to Raise Rates The recent ineffectiveness of Federal Reserve monetary policy and macroprudential rules begs the question whether the Fed needs to revise recent bank regulations, its own mission or both. ... Read full article

A modern version of the Depression-era law would not only make banks safer, but it would also reduce compliance costs and erase the need for certain capital mandates. ... Read full article

Congress wouldn't intervene in a baseball manager's plan for his pitcher's strategy, which is prone to change. The same should be true for monetary policy decisions. ... Read full article

The danger posed by the Federal Reserve is in its unchecked power coupled with its inability, like that of any institution, to predict the future. ... Read full article

Attempts to sneak provisions into a final budget deal may be sold as helping community banks, but many of the measures really help big banks and undermine consumer protection. ... Read full article

Legislative proposals to reform the housing finance system have failed to garner enough support, but a surprisingly simply reform idea is in plain sight: deeper private mortgage insurance coverage. ... Read full article

Scott Sumner is the Ralph G. Hawtrey Chair of Monetary Policy at the Mercatus Center at George Mason University. Chad Reese is the assistant director of outreach for financial policy at the Mercatus Center. ... Read full article

Contrary to industry representatives' opinion, overdraft rules are necessary for a service that has become a revenue driver for banks. ... Read full article

It is wrong to claim the Federal Reserve's proposal requiring "total loss-absorbing capacity" will perpetuate the "too big to fail" problem. Indeed, it is just the opposite. ... Read full article

Richard Cordray, the director of the Consumer Financial Protection Bureau, takes issue with American Banker 's recent story about errors in the agency's complaint database. ... Read full article

With the Consumer Financial Protection Bureau's disclosure rule potentially slowing down the loan process, institutions need to focus on communication strategies to keep young borrowers at the closing table. ... Read full article

There is no shortage of opinions about payday loans. But the same cannot be said for hard research, which is needed before regulators write new rules for the industry. ... Read full article

Evidence points to thousands of arbitrations for individual claims in recent years, and there likely would have been more if not for negative publicity about arbitrations. ... Read full article

Presuming that medium-sized banks that offer hedging products face added interest-rate-risk fears misses the full story. ... Read full article

The American Action Network's provocative television commercial introduced millions of Americans to one of the most powerful and unaccountable government agencies in Washington. ... Read full article