Democrats in the House and Senate introduced a bill Tuesday that would get rid of an obscure legislative process that has handcuffed rulemakings from the Consumer Financial Protection Bureau and other regulators. ... Read full article
A House Republican bill would allow lax lending standards to creep back into the financial system by gutting the CFPB, according to a letter from 158 law professors and scholars. ... Read full article
The deposit insurer has stayed out of the debate over how to regulate the online lending industry. But that may be about to change. ... Read full article
The company also said it believes there are no regulatory obstacles that will derail its planned acquisition of Astoria Financial. ... Read full article
The Federal Reserve is asking Sterling to address deficiencies tied to its collection, verification and reporting of CRA data from 2014 to 2016. ... Read full article
Stilwell Group, an activist investor, is alleging that HopFed chief John Peck bought two properties from the then-chairman of the Kentucky company's compensation committee and that the deals were a conflict of interest. ... Read full article
FHFA Director Mel Watt warned Thursday that to prevent a potential draw on the Treasury Department by the government-sponsored enterprises, he is willing to act unilaterally to rebuild capital at Fannie and Freddie. ... Read full article
The U.S. Chamber of Commerce and U.S. Bank urged the Consumer Financial Protection Bureau on Wednesday to narrow its approach to collecting data on small-business lending, fearing it could add costs and compliance burdens. ... Read full article
The Consumer Financial Protection Bureau plans to launch an inquiry into small-business lending, the first step toward crafting a rule for the collection and reporting of data. ... Read full article
Despite an effort by the Trump administration to defund government aid for community development funding institutions, the Senate approved a budget deal that included $258 million in funding for the CDFI fund. ... Read full article
First Financial in Ohio says financial health tools for its client’s employees will build more lasting commercial banking relationships. ... Read full article
The House Financial Services Committee approved the Financial Choice Act by 34 to 26. While it has enough support to clear the GOP-controlled House, it is unlikely to gain traction in the Senate. ... Read full article
Rebeca Romero Rainey, a third-generation community banker who rose to executive leadership in her early 20s, has been tasked to lead the Independent Community Bankers of America at a pivotal time. ... Read full article
The House Financial Services Committee began debate Tuesday on a sweeping regulatory reform bill, yet while it is expected to pass on party lines, few expect it to standa chance in the Senate. ... Read full article
More than 100 days into Trump’s presidency, financial regulators still lack key appointments. Here's why that matters. ... Read full article
The JPMorgan Chase CEO was in rare form Monday, speaking without a filter on a range of controversial topics. ... Read full article
The Treasury secretary on Monday reiterated an aggressive timetable for tackling the future of Fannie Mae and Freddie Mac, an issue that has long flummoxed Congress. ... Read full article
President Trump has nominated Pam Patenaude, the president of the J. Ronald Terwilliger Foundation for Housing America's Families, to serve as HUD's No. 2. ... Read full article
Wells Fargo Bank has dramatically increased its borrowings from the Federal Home Loan Bank of Des Moines, more than doubling the San Francisco institution's level of advances. ... Read full article
The new Democratic strategy to block GOP Dodd-Frank rewrite is to give it more airtime. ... Read full article
