Tester is first Dem endorsed by banking super PAC
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
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
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 Senate's farm bill would prevent the July 31 lapse of the National Flood Insurance Program, but it still needs to be debated in conference with the House. ... Read full article
Attorneys general from 21 states say the measures would undermine their ability to enforce consumer protection laws. ... Read full article
The legislation, authored by Rep. Keith Ellison, D-Minn., is aimed at helping lower-income consumers build their credit histories. ... Read full article
With more permanent fixes not yet gaining enough traction, recent attempts to clarify marijuana banking rules through appropriations are also falling flat. ... Read full article
Rep. Cedric Richmond, D-La., the CBC's chair, requested with a meeting with the comptroller of the currency to "enlighten" him about discrimination in banking. ... Read full article
The selection of an obscure OMB official as CFPB director raises more questions than it answers about the future of the agency. ... Read full article
The OCC chief’s bizarre statements in House testimony produced shock waves that reached the Senate Banking Committee Thursday. ... Read full article
The Senate Banking Committee approved the nominations of Richard Clarida as vice chairman of the Fed and Michelle "Miki" Bowman as a Fed governor. ... 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
The panel will vote on economist Richard Clarida to be vice chairman of the Fed board and Michelle “Miki” Bowman to take a seat designated for a community banking expert. ... Read full article
The Massachusetts senator and architect of the CFPB offered a sharp contrast to the administration's deregulatory agenda and sent strong signals of a presidential run. ... Read full article
Further legislative reform will face resistance, but it could still happen. ... Read full article
More than a dozen lawmakers wrote to the banking agencies Friday, arguing that any regulatory reforms to the Community Reinvestment Act should focus on expanding access to credit. ... Read full article
Montgomery was confirmed by the Senate 74-23 to serve his second stint at the FHA, where he previously was commissioner during the George W. Bush administration. ... Read full article
The soon-to-be-retiring chair of the House Financial Services Committee said Senate leaders have made a "commitment" to consider more changes. ... Read full article
After months of delay, the House is planning to vote on legislation next week that would amend the Dodd-Frank Act. ... Read full article
A pair of nominees to the Federal Reserve Board vowed Tuesday to protect the independence of the agency if confirmed, but avoided taking hard stances on pending regulatory issues. ... Read full article