Regulatory relief

In rebuke of CFPB, states look to get tough on debt collectors


In another sign of state officials trying to outdo the Consumer Financial Protection Bureau, governors in California and New York want greater authority to license and oversee the debt collection industry.


Regulators aren't only ones at odds over CRA reform


As the regulatory agencies have struggled to reach a consensus, a proposal championed by Office of the Comptroller of the Currency has divided lawmakers and been assailed by community groups.


CFPB names longtime agency critic to chair consumer task force


Todd Zywicki, a law professor who has sharply criticized the CFPB as an unaccountable bureaucracy, has been named chair of an agency task force identifying potential conflicts and inconsistencies in consumer finance law.


HUD proposes easing Obama-era fair housing rule


The Department of Housing and Urban Development has proposed an overhaul of an Obama-era rule meant to guide local jurisdictions in how they comply with the Fair Housing Act.


Regulators raise annual CRA asset thresholds


The three federal agencies announced slight adjustments in the cutoffs for "small" and "intermediate small" institutions for the purposes of Community Reinvestment Act exams.


Fed could write a new chapter on bank supervision in 2020


With adjustments to the post-crisis regulatory framework now complete, the Federal Reserve may begin the decade year with a focus on supervisory and examination processes.


10 banking policymakers to watch in 2020


Impeachment continues to dominate Congress, but legislation the industry seeks is still pending and the bank regulators have a full agenda. Here are the figures who will drive the policy debate.


Where have all the CFPB fair-lending cases gone?


Despite assurances by Director Kathy Kraninger that the agency is cracking down on discrimination, the agency has not filed an enforcement action or sent a Department of Justice referral on a fair-lending violation in two years.


FHFA proposal would exempt Federal Home Loan banks from stress tests


As required by last year's reg relief law, the agency is planning to raise the asset threshold for organizations conducting a stress test from $10 billion to $250 billion.


FDIC brokered deposits plan aims to give banks flexibility


The proposal comes after years of criticism that the current policy stifles innovation and hamstrings banks' ability to raise funds.