Federal judge rejects CFPB's effort to halt payday rule
Acting CFPB Director Mick Mulvaney had sided with two industry trade groups that sued the CFPB in April to invalidate the tough restrictions. ... Read full article
Acting CFPB Director Mick Mulvaney had sided with two industry trade groups that sued the CFPB in April to invalidate the tough restrictions. ... Read full article
With the question of a federal charter still looming, Treasury's last report on changes to the financial regulatory system will focus on nonbanks and new tech startups. ... Read full article
Banks are extending maturities and making loans to riskier credits to boost volume; banks cut their muni holdings as tax rates drop. ... Read full article
Months after a group of Democrats helped propel Dodd-Frank reforms forward, the opposition party’s identity crisis on banking policy is still on full display. ... Read full article
With comment periods quickly closing, responding to the agency’s abundant requests for information is proving a logistical hassle for the industry and consumer advocates. ... Read full article
The regulatory relief legislation rolls back several stress test requirements for regional and midsized banks, putting more onus on financial institutions and their regulators to ensure banks are managing their risk appropriately. ... Read full article
Further legislative reform will face resistance, but it could still happen. ... Read full article
The plan, which the Federal Reserve Board approved Wednesday, would tailor compliance programs for banks based on their trading volume and revise definitions to help banks determine which trades are banned. ... Read full article
A change in House leadership in midterms would slow down regulatory relief initiatives and put more heat on Trump-appointed regulators. ... Read full article
The proposal to ease compliance with the Volcker Rule was portrayed as a rollback of the Dodd-Frank ban on proprietary trading. But it wasn't — here's why. ... Read full article
Compliance changes proposed by the Fed would likely please banks, but reactions to the plan from past and current policymakers have been wildly different. ... Read full article
Proposal to revamp 2013 rule appears to home in on larger banks with higher trading volume and ease the requirements for others. ... Read full article
Despite Tuesday's blip, many bank have seen double-digit gains in the months since the Dodd-Frank reform law was unveiled. There's good reason to think the run-up will continue. ... Read full article
Volcker 2.0 could bring significant relief for the industry, but will likely fall short of what many had hoped. ... Read full article
Industry consolidation can help boost bank profitability in the short run, but it’s no panacea for the industry’s bigger problems. ... Read full article
Lenders would have a lighter data-reporting burden, but they may end up deciding to collect the data anyway. ... Read full article
After several years of financial policy defeats, banks finally basked in a legislative victory: the first real package of regulatory relief since the crisis. But the long-term effects of that victory are still to be determined. Here is what it all means. ... Read full article
President plans to ease regulatory burden on the largest banks; online merchants say a Visa-Mastercard button blocks cheaper payment methods. ... Read full article
The remarks by the comptroller of the currency came as his agency released a new report on emerging risks in the banking industry. ... Read full article
Though the regulatory relief law easing the Dodd-Frank Act does little to help the biggest banks, it is still fueling progressive Democrats' anger at Wall Street. That will matter when Democrats eventually retake power. ... Read full article