News Topic: Policymaking

House Republicans are ramping up their criticism of the Fed for making interest payments to member banks on excess reserves, and may have identified a way to counter claims that the payments are critical to monetary policy. ... Read full article

Senate Banking Committee leaders are hoping to pass the bill quickly ahead of a looming deadline of Sept. 30 when the program expires. ... Read full article

The Department of Housing and Urban Development is implementing reforms to its reverse mortgage program and providing more counseling resources for seniors who are considering the product, Secretary Ben Carson said Monday. ... Read full article

The FDIC’s inspector general criticized how vacancies were announced and how applications were reviewed for openings in the Division of Resolutions and Receiverships. ... Read full article

The Trump administration's choice to become chairman of the Federal Deposit Insurance Corp. has asked the White House to withdraw his nomination. ... Read full article

The procedures manual follows other steps the Federal Deposit Insurance Corp. has taken to try to clarify its process for evaluating charter bids. ... Read full article

The Office of the Comptroller of the Currency told a somewhat familiar story Friday about the industry's risk environment. ... Read full article

If HSBC reaches an agreement with the government, it could give an early indication of how the Trump administration will levy financial penalties. ... Read full article

Federal Reserve Chair Janet Yellen was hospitalized over the weekend in London for treatment of a urinary tract infection but has been discharged. ... Read full article

The Federal Housing Finance Agency made just incremental changes to two of the seven affordable housing benchmarks. ... Read full article

The NCUA is letting federal credit unions securitize and sell assets. Such transactions would free up capital at credit unions, allowing them to make more loans. ... Read full article

The National Association of Home Builders is objecting to a measure that would impose a surcharge on National Flood Insurance Program policies for newly constructed homes. ... Read full article

Readers weigh in on chatbots, Amazon’s physical footprint expansion plans, alternative credit data and more. ... Read full article

Acting Comptroller of the Currency Keith Noreika is expected Thursday to offer detailed proposals to loosen regulatory restrictions on financial institutions of all sizes, including simplification of the Volcker Rule, streamlined processes for approving de ... Read full article

Sen. Elizabeth Warren, D-Mass., asked Federal Reserve Chair Janet Yellen on Monday to remove 12 Wells Fargo board members because of the fake-accounts scandal. ... Read full article

Though FDIC Martin Gruenberg's term does not expire until November, President Trump announced his successor late on Friday. ... Read full article

While HUD has released money this year, the Trump administration has called for defunding the program as part of its proposed budget. ... Read full article

CFPB Director Richard Cordray took issue with a House Republican report that said he lied about his agency's role in investigating the Wells Fargo phony-accounts scandal. ... Read full article