An insider's account: The making of the MOBILE Act
How a measure to make opening online accounts easier was crafted — and why it needs to pass Congress. ... Read full article
How a measure to make opening online accounts easier was crafted — and why it needs to pass Congress. ... Read full article
The acting Consumer Financial Protection Bureau director should be investigated for potential Hatch Act violations following his controversial remarks at a banking industry conference, Senate Democrats said Tuesday. ... Read full article
Whether you like the idea or hate it, expect to hear a lot more about postal banking over the next two and a half years. ... Read full article
The acting director’s effort to rename the agency is about more than rearranging a few words. ... Read full article
A new accounting standard will soon go into effect, but banks still lack clarity on how to conform. ... Read full article
Two recent central bank proposals may exacerbate problems with the agency’s capital surcharge for big banks. ... Read full article
The outgoing head of the ICBA reflects on how technology and partisan politics have changed policymaking over the past 15 years. ... Read full article
The government is pushing up mortgage prices to dangerous levels by easing credit standards in a market where supply is low but demand is high. ... Read full article
Momentum to overhaul the mortgage finance system had been slipping, and with Democrats divided over the Senate's banking relief bill there's virtually no chance more bipartisan deals can be worked out. ... Read full article
Burdensome regulation has made it hard for community institutions to operate alongside bigger rivals, leaving consumers with less choice and more expensive banking options. ... Read full article
The American Bankers Association has named Naomi Camper, who spent seven years as the top lobbyist for JPMorgan Chase, as its chief policy officer. ... Read full article
In an update on the Deposit Insurance Fund, FDIC staff said the fund's ratio of reserves to estimated deposits will likely reach the required 1.35% level by the second half of 2018. ... Read full article
The House Financial Services Committee chairman's effort to make changes to a Dodd-Frank revision bill could either give him a defining victory or extend his losing streak. ... Read full article
Directors at the Federal Reserve Bank of New York said they had narrowed their search for the bank's next president to a "handful of final candidates," without naming any of those still in the running or the timetable for announcing their ... Read full article
The acting director’s five-year plan shows that he wants to bring moderation to the agency, not ruin it from within. ... Read full article
A clear government backstop for the mortgage market would benefit small banks and investors by ensuring a stable and liquid secondary market for securities. ... Read full article
Community banks and consumer advocates are clashing over a provision in the Senate banking bill on mortgage data reporting, but there’s been little vetting of what the measure would actually do. ... Read full article
Policymakers need to focus less on how they regulate the banking industry’s cyber defenses and more on how they will protect the financial system from an attack. ... Read full article
As government officials reconsider how best to wind down large financial institutions, they should ensure the banking agencies have flexibility to act without disrupting markets. ... Read full article
Readers opine on the possibility of an Amazon-JPMorgan Chase checking partnership, weigh in on the Crapo bill, applaud plans that would make the CFPB more of a backup regulator and more. ... Read full article