Trump plans to nominate Shelton, Waller to Fed board


The president tapped the pair in July for the two remaining vacancies, but the formal announcement of his intention to nominate them didn’t come until this week.


Alan Kline named editor-in-chief of American Banker


Alan Kline, a 22-year veteran of American Banker, has previously served as editor-in-chief of US Banker.


Warren says she’d bypass Congress to cancel federal student debt


The proposal announced Tuesday is aimed at attracting younger voters.


‘It’s game time’: Libor transition to pick up steam in new year


Regulators' oversight of the industry's switch to a new interest rate benchmark is expected to intensify as a key deadline approaches.


No, the FHA should not be pushed to the brink again


Now is not the time for the government to cut Federal Housing Administration premiums and enter new segments of the housing market.


OCC flags risks from banks' tech overhaul, Libor transition


The agency’s semiannual report warned institutions to be mindful of operational risks from the innovation in core banking systems, and detailed supervisory steps to monitor the adoption of a new reference rate.


What ongoing repo turmoil means for banks


Federal Reserve officials said they contained fallout from the rate spike in the repurchase agreement market, but the episode poses longer-term repercussions for liquidity rules, the transition to a new interest rate benchmark and other issues.


Highs and lows in FDIC's 3Q report on industry's health


One-time expenses at a handful of large banks marred an otherwise solid quarter, while higher charge-offs point to possible credit-quality concerns.


Rural areas suffer brunt of U.S. bank branch closings: Fed report


More than half of U.S. counties lost access to bank branches between 2012 and 2017, with rural counties that have less educated and minority residents especially hurt, the central bank said.


Dems' new tack on gun control: Make banks police sales


A recent bill would require banks to provide data on suspicious firearms transactions as part of anti-money laundering efforts.