Policymaking

Kathy Kraninger sworn in as CFPB director

12/11/18

The Trump appointee officially took over for Mick Mulvaney as head of the agency following her Senate confirmation last week.

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'No wonder they've had 12 straight years of losses': Comments of the Week

12/06/18

Readers sound off on the CFPB's name change, whether the Post Office should be allowed to engage in banking services and the FDIC's call to revamp the de novo process.

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The one banking bill Congress might actually pass next term

12/03/18

The financial industry is not expecting movement on a lot of legislation given a divided Congress, but one measure is beginning to attract widespread attention.

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National banks' OCC exam fees to be cut 10% in 2019

11/30/18

The federal regulator cited recent “cost savings” and promising projections for costs and revenue next year in announcing the reduction in assessments.

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Congress passes one-week flood insurance extension

11/30/18

Lawmakers have had to extend the program eight times since October 2017, as Congress has been unable to pass broader reforms.

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CECL will strengthen, not hinder, financial system

11/30/18

Banks have criticized the new accounting standard, but it would likely soften future bubbles and reduce subsequent credit crunches by requiring that reserves be held upfront when loans are made.

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'Banks controlled by politicians. What could go wrong?': Comments of the week

11/21/18

Readers react to trends in public banking, weigh potential changes for brokered deposits, consider oversight of foreign banks and more.

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Outdated brokered deposit rules need a revamp

11/21/18

Decades-old measures designed to rein in risky lenders are now preventing healthy banks from tapping crucial sources of funds.

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Tax cuts, de novos and gridlock: What bankers can be thankful for this year

11/21/18

There is a surprising amount of pessimism in the air among bankers, including fears of another recession and House Democratic activism. But there are lots of reasons financial institutions should be feeling good.

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Time to clean house at Wells Fargo

11/20/18

The megabank’s continued compliance problems suggest that all of its board members, along with 100 of its most senior managers, should be replaced to make way for real change.

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