With the regulatory relief bill set to become law soon, some congressional Republicans are already calling for additional rollbacks to the Dodd-Frank Act. There’s one thing they should keep in mind: Community banks had a hand in the crisis too. ... Read full article
The House affirmed this week that it would move forward with a vote on a Senate bill overhauling parts of Dodd-Frank, but how far lawmakers push additional relief proposals is still unclear. ... Read full article
Speaker Paul Ryan said the House will vote on Dodd-Frank reform legislation that originated in the Senate, but additional House reg relief measures are still on the table. ... Read full article
The group made its plea in a petition, signed by over 10,000 community bank employees, urging lawmakers to quickly move a bill rather than subject the process to "further delay or inaction." ... Read full article
China's mobile payment lessons for U.S. bankers; Steven Mnuchin's wishful thinking on GSE reform; unpacking Mick Mulvaney's CFPB relocation musings; and more from this week's most-read stories. ... Read full article
The provision would make it harder for criminals who use real Social Security numbers to create fake personas and then apply for credit. ... Read full article
Camden Fine, the president of the Independent Community Bankers of America, is due to retire this week. We talk with him about his long career — and his fears for the future of his industry. ... Read full article
FDIC Vice Chairman Thomas Hoenig has been a tough critic of risky practices by big banks and a key voice among federal regulators in support of stronger capital requirements. ... Read full article
The financial reform law may hinder growth modestly in the short term, but it should be judged by its impact on the economy years down the road. ... Read full article
Wells may have tried to lure 401(k) customers into more expensive IRAs; Hensarling says he will go along with Senate version of Dodd-Frank rollback. ... Read full article
The details about political donations to over a dozen lawmakers raise fresh questions about the payday lending sector's influence in Washington. ... Read full article
The senior GOP lawmaker appeared to acknowledge concerns that expanding the bill could harm Democratic support. ... Read full article
The American Bankers Association will fund TV ads for Sen. Jon Tester, D-Mont., and Rep. Ted Budd, R-N.C., the first of several candidates the group expects to actively promote during the midterms. ... Read full article
House Republicans are continuing to push the Senate to add more measures to a bill to give regulatory relief to community banks. ... Read full article
If President Trump doesn't name a director before the midterm elections, he could lose his best shot at reshaping the bureau long term. ... Read full article
Readers react to the Senate overriding the Consumer Financial Protection Bureau's auto lending guidance, weigh in on House efforts to reform the Dodd-Frank Act and debate technology being used to replace new branches. ... Read full article
Many of Treasury’s recommendations for modernizing the Community Reinvestment Act would help financial institutions, not low-income communities. ... Read full article
Passage of a resolution blocking guidance on auto loan pricing could set a precedent that allows Congress to nullify other long-past regulatory issuances. ... Read full article
As the Senate closes in on overturning the Consumer Financial Protection Bureau's 2013 indirect auto loan rule, a central question is how lasting the congressional measure will be in limiting the CFPB's authority. ... Read full article
Lawmakers should not toss out an agency rule aimed at curbing auto dealer markups that adversely impact borrowers of color. ... Read full article
