Purge of moderate Dems will haunt financial industry
The Senate is losing several key backers of last spring’s regulatory relief bill in the wake of the midterm elections. ... Read full article
The Senate is losing several key backers of last spring’s regulatory relief bill in the wake of the midterm elections. ... Read full article
The midterm elections virtually eliminate the chance that progress will be made on financial services legislation. ... Read full article
Several Senate, House and gubernatorial battles are of interest to financial firms. Here is a spotlight on specific contests, with updates as they become available. ... Read full article
The battle gaining the most attention Tuesday night will be which party controls the House next year. But other key races will help determine the makeup of the Senate Banking Committee. ... Read full article
The Federal Reserve Board’s meeting to discuss supervisory standards for midsize institutions will be closely watched by regulatory relief advocates and those who want the Fed to maintain its firm hand. ... Read full article
The housing finance agency, which is increasingly at the forefront of reform discussions, has been without a permanent chief for almost two years. ... Read full article
The result could play a big role in whether banks see more regulatory relief next year or policymakers can coalesce around a housing finance reform plan. ... Read full article
The Senate Banking Committee's latest hearing offers some clues. ... Read full article
The group is launching an "educational campaign" to praise the role played by House and Senate members in unwinding certain provisions of the Dodd-Frank. ... Read full article
The heavy workload is not limited to implementing the financial regulatory reform bill enacted last spring, as the agencies also work to craft reforms of the Community Reinvestment Act and adjust key capital measures for the biggest banks. ... Read full article
Financial regulators sought to walk a fine line Tuesday between reassuring Republican senators that they are quickly implementing regulatory relief and defending themselves against Democratic criticism that they are going too fast. ... Read full article
Fed Vice Chairman of Supervision Randal Quarles said in written tstimony that the central bank plans to move quickly to determine how to regulate banks between $100 billion and $250 billion of assets, and that it may provide also relief for banks over the ... Read full article
Seven Republican senators urged regulators on Monday to consider additional changes to the Volcker Rule's "covered funds" definition. ... Read full article
Republicans are calling on the central bank to relieve all banks with less than $250 billion of assets from enhanced supervision that was established after the crisis. ... Read full article
State regulators and advocacy groups say a federal breach notification standard could supersede state laws that already benefit consumers. ... Read full article
The tightening of Senate races in Republican strongholds has raised the prospects of Democrats having even more influence on regulatory appointments and the legislative agenda. ... Read full article
The Senate Banking Committee said it is postponing a hearing on the implementation of regulatory relief for "logistical reasons." ... Read full article
The central bank, which received broad authority after the crisis to supervise big banks, is expected to get more attention from lawmakers over its discretion to ease banks’ burden. ... Read full article
Following news of the breach, congressional hearings for the company’s ex-CEO and other blowback were accompanied by legislative calls to action. But a year later, did policymakers do anything? ... Read full article
The North Dakota Democrat bucked members of her own party in pushing for a bill reforming Dodd-Frank. She faces another uphill battle in November. ... Read full article