News Topic: Regulatory relief

As Congress moves closer to its Dec. 21 deadline to keep the government funded, the outlook for more financial services regulatory relief continues to worsen. ... Read full article

Sen.-elect Kyrsten Sinema, D-Ariz., and Sen. Tina Smith, D-Minn., will join the panel as their caucus loses two other committee members who suffered election defeats. ... Read full article

The newly sworn-in director’s first public remarks seemed to contrast with the approach of her predecessor, Mick Mulvaney, who at times questioned the role of the agency. ... Read full article

The agency's departing acting director filed a proposal Monday for a new sandbox that would grant firms a legal safe harbor and "exemptive relief" from enforcement. ... Read full article

The idea that deposit brokers are trying to game the deposit insurance system and could contribute to another crisis is outdated. ... Read full article

The regulatory agencies are the last word on an exemption from the proprietary trading ban, and there are no signs they will expand it beyond small institutions. ... Read full article

Kraninger's nomination was lauded by industry groups, but vigorously opposed by consumer groups and Democratic lawmakers. ... Read full article

The agency's request for comment about the deposit insurance application process is among a series of actions aimed at streamlining charter applications. ... Read full article

Her guidance of a former credit union through the crisis and into a profitable bank, her advocacy for reg relief and other industry priorities, and her vocal support of women seeking to knock down many of the same workplace barriers she faced make her one ... Read full article

A motion to limit debate on the nominee to run the consumer bureau passed along strictly party lines, setting the stage for her to be confirmed as early as next week. ... Read full article

As Congress weighs Bank Secrecy Act reforms, some worry that reducing suspicious transaction filings would be a gift to criminals. ... Read full article

The House Financial Services Committee chairman said "so far, the United States Senate has done nothing on a bill that passed" the House with over 400 votes. ... Read full article

Just as a recent law softened Dodd-Frank resolution plan requirements, the head of the Federal Deposit Insurance Corp. announced an effort to ease such rules for depository institutions. ... Read full article

Kathy Kraninger, who may get a confirmation vote as early as this week, has suggested a similar vision to that of the agency’s current acting chief. But some see signs she could bring a different approach to the job. ... Read full article

The report released by Sen. Sherrod Brown, a possible presidential contender, said the acting chief has undermined the bureau’s mission. ... Read full article

Love, a member of the House Financial Services Committee, was the only Republican member of the Congressional Black Caucus. ... Read full article

Record bank profits could make it tougher to get more regulatory relief; banks monitoring older clients’ mental health. ... Read full article

The effort to raise the threshold for transactions excused from appraisal requirements responds to concerns that the current threshold is outpaced by real estate prices. ... Read full article