Policymaking

Managing reputation risk is getting more complicated

04/22/19

In today’s political climate, banks have to monitor not just how they do business, but with whom they do it.

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What’s Jamie Dimon’s salary got to do with income inequality?

04/21/19

At a recent House hearing with large-bank CEOs, lawmakers’ focus on the compensation gap between the C-suite and lower-level employees echoed a broader discussion about pay inequity.

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Could Deutsche Bank probe be an opening for AML reform?

04/17/19

It remains to be seen whether anti-money-laundering provisions will get a deeper look this Congress or whether political optics will divide lawmakers on moving ahead with changes.

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OCC should speak up on Wells Fargo's exec changes: Warren

04/17/19

The Massachusetts Democrat said the agency could have used existing statutory authority to object to the bank’s appointment of now-departed CEO Tim Sloan.

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With stress tests, less is more

04/17/19

The Fed is stepping up transparency around its process for testing bank resiliency in a hypothetical crisis, but additional improvements are needed.

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CFPB has too much flexibility in assessing fines

04/16/19

The bureau should adopt a clear, consistent framework for determining civil money penalties against financial firms.

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Fed entry into real-time payments would do more harm than good

04/12/19

Arguments that the central bank should develop its own system for faster payments ignore current market realities, argues The Clearing House, which has developed its own network.

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'Theater of the absurd': Comments of the week

04/11/19

Readers respond to this week's big-bank CEO hearing before the House, weigh the debate over Community Reinvestment Act reform, consider whether Wells Fargo needs a new brand and more.

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Hensarling to join UBS as executive vice chairman

04/11/19

The former lawmaker joins the Swiss bank after years of pushing for bank deregulation as chairman of the House Financial Services Committee.

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Getting pot banking legislation right

04/11/19

The House Financial Services Committee recently approved protections for banks financing cannabis companies in states where it’s legal. This a good first step, but improvements are needed.

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