News Topic: law-regulation

The industry will undoubtedly get bad press in an election cycle, but here is what institutions should do and not do about it. ... Read full article

Presidential candidates shouldnÂ't rely on crowd-pleasing gimmicks or trick plays to reform the banking system, but the execution of the basics. This means focusing on the time-tested risk-return tradeoff and restructuring our existing deposit ... Read full article

Even if Operation Choke Point officially ended, U.S. regulators have continued to apply the policy of threatening investigations and ruinous fines against banks that service "high-risk" customers in disfavored industries. ... Read full article

The argument that a Republican CFPB director could wreak havoc on what the agency has already accomplished just doesn't hold water. ... Read full article

The reform has returned bankruptcy to its intended function as a last resort for consumers, rather than a way for the wealthy to game the system at everyone else's expense. ... Read full article

The bureau's proposed standards would drive lenders out of short-term, small-dollar lending, just as the OCC's 2013 rules did. This time, however, there will be few, if any, regulated institutions left to fill the void. ... Read full article

If we can't identify adequate capital to bear mortgage credit losses when they are incurred, aren't we setting ourselves up for another series of bailouts in the next housing downturn? ... Read full article

The Fed's policy of not adjusting check discrepancies of less than $25 has been in place for many years. Banks should be permitted to establish similar deposit adjustment limits without fearing regulatory sanctions. ... Read full article

Modified executive compensation plans can encourage bank chiefs to make prudent business decisions rather than chasing short-term profits. ... Read full article

American banks long ago deserted their most impoverished communities. Today, post offices are uniquely well positioned to serve the underbanked population Â-- and perhaps reinvigorate a culture of saving in the process. ... Read full article

Contrary to the CFPBÂ's paternalistic claims, most payday loan borrowers are aware that it may take them more than two weeks to repay the credit they take out. ... Read full article

A recap of the informed opinions (and the discussions they generated) on BankThink this week, including how postal banking could help low-income people in the U.S. and the continuing debate over interchange fees. ... Read full article

The only way to evaluate the appropriateness of Dodd-Frank's costs is to monitor the economic benefits that it creates. That's why the government needs to find a quantifiable way to measure the efficiency of its regulations. ... Read full article

It's time for the Fed to stop giving deference to the banking industry and correct the industry's swipe fee increases on small-ticket transactions. ... Read full article

Politicians who support the idea of banking as a public utility may not be very concerned with the fate of community banks. Rather than say so directly, they gloss over the facts. ... Read full article

A shorter, less burdensome and more sensible call report is an important step toward reducing community banks' regulatory burden. ... Read full article

A recap of the informed opinions (and the discussions they generated) on BankThink this week, including banks' subpar shareholder value and how big-data advocates can better communicate with critics who worry about the technology's potential ... Read full article

The governmentÂ's cap on interchange fees has failed to produce savings for consumers. ThatÂ's why the Federal Reserve should avoid dictating prices in the private sector. ... Read full article