After Senate reg relief bill, House package would be cherry on top
As part of a capital-formation bill, House lawmakers are attempting to sprinkle in a handful of provisions to ease the industry’s burden. ... Read full article
As part of a capital-formation bill, House lawmakers are attempting to sprinkle in a handful of provisions to ease the industry’s burden. ... Read full article
With the recent focus on capital formation bills, lawmakers appear to be putting their Dodd-Frank angst aside. ... Read full article
The Supreme Court nominee’s views on CFPB and the Chevron doctrine are considered favorable for the industry, but some say weakening agency deference is a double-edged sword. ... Read full article
The Montana senator, who faces a tough reelection fight, was a key backer of the bipartisan bill to ease certain provisions of the Dodd-Frank Act. ... Read full article
Brian Johnson will serve as the agency's acting deputy director, succeeding Leandra English, who recently said she plans resign from the CFPB. ... Read full article
The Fed, the FDIC and the OCC said Friday that they have begun implementing changes for regional banks under the new regulatory relief law passed in May. ... Read full article
The Consumer Financial Protection Bureau's practice of "regulation by enforcement" and use of nonbinding guidance materials makes its regulatory efforts "unfair and ineffective" to lenders and servicers, the Mortgage Bankers ... Read full article
Regardless of which party controls the House or Senate post-election, the financial services panels in both chambers could have new leaders. ... Read full article
If the GOP keeps the Senate, the Pennsylvania Republican, who has pressed for bigger changes to the Dodd-Frank Act than recently enacted regulatory relief legislation, could be the next banking chair. Here's what that means. ... Read full article
The filing delay came as the new regulatory relief law passed in May has reduced the number of banks required to submit resolution plans. ... Read full article
The Office of the Comptroller of the Currency’s bulletin is seen as just one piece of the regulatory puzzle to coax banks into installment lending. ... Read full article
Five of the year’s biggest deals by value have been announced in the last two months, including some that involve regional banks that have been champing at the M&A bit. ... Read full article
A senior Treasury department official said it's an "adapt or die" situation for regulators and financial firms in the midst of a growing fintech space. ... Read full article
Courts have validated the legal theory behind punishing lenders for unintentional discrimination, but the Trump administration has shown interest in revising the Obama-era policy. ... Read full article
In her first speech as chairman, Jelena McWilliams signaled a focus on reviewing old policies, speeding up decisions on new bank applications and helping banks navigate marijuana laws. ... Read full article
The Democratic leader in the House raised questions about Kathy Kraninger's "qualifications to lead such an important agency." ... Read full article
A proposal to revise parts of the Dodd-Frank Act ban on proprietary trading would make it easier for banks to conduct risky trades. ... Read full article
The central bank's rule-writing workload is expected to remain busy for the foreseeable future, thanks in large part to enactment of the recent regulatory relief bill. ... Read full article
The legislation unveiled this week left out a requirement — included in an earlier version — for new companies to report their true owners. ... Read full article
Federal Reserve Chairman Jerome Powell said the agency has its hand full between proposals on liquidity and capital requirements and additional mandates made by the recently enacted regulatory relief law. ... Read full article