News Topic: Policymaking

The SEC and FASB control the process now, but Congress should give banking regulators a more central role in overseeing the creation of accounting rules. ... Read full article

Readers respond to Wells Fargo's latest fine, weigh Sen. Elizabeth Warren's potential bid for president, consider how banks are preparing for climate change and more. ... Read full article

From the end of overdraft fees to the rise of banks that watch their customers' every move, there are several new banking trends on the horizon in 2019. ... Read full article

In her New Year’s message, CFPB Director Kathy Kraninger called on the agency to ensure that consumers are treated fairly and that “the marketplace is innovating.” ... Read full article

The banking industry has long been critical of the government-sponsored enterprise, but the system could provide valuable banking services to large swaths of the country currently lacking access to them. ... Read full article

From the end of overdraft fees to the rise of banks that watch their customers' every move, there are several new banking trends on the horizon in 2019. ... Read full article

With a divided Congress in place, policymakers will face challenges in passing major financial legislation this year. But there are still a number of core issues set to be debated. ... Read full article

The announcement rescinded the agency's earlier guidance issued to industry partners to suspend sales operations as a result of the current lapse in funding from Congress. ... Read full article

Readers this year responded to Mick Mulvaney's leadership at the Consumer Financial Protection Bureau, the banking industry's role in the national gun debate, Rep. Maxine Water's upcoming leadership of the Financial Services Committee, the ... Read full article

Despite some growing support for central banks issuing digital currencies, the practice raises important privacy concerns and questions about the structure of the banking system. ... Read full article

Jonathan Gould, the committee's chief counsel, has been hired by the Office of the Comptroller of the Currency as senior deputy comptroller and chief counsel. ... Read full article

While much of the debate of the past decade has focused on the Dodd-Frank Act, changes to Basel capital standards have played a big role in adding to the regulatory burden. ... Read full article

There is no banking crisis, but the president’s actions are threatening to create one. ... Read full article

Rep. Maxine Waters, D-Calif., will take the gavel on the Financial Services Committee next term. ... Read full article

Two groups are asking the agency to restrict collectors to "one live conversation per week" with a borrower and up to three phone attempts per week. ... Read full article

Kathy Kraninger's unexpected decision is small, but symbolically important. Here's why. ... Read full article

Kathy Kraninger's first official action as head of the Consumer Financial Protection Bureau is to reverse course on acting chief Mick Mulvaney's effort to rename it the Bureau of Consumer Financial Protection, which consumer groups and others had ... Read full article

Fabrice Coles, who was the CBC's executive director, will work on consumer and fintech policy issues at the Bank Policy Institute. ... Read full article