News Topic: Treasury Department

After the FSOC voted to rescind its systemic designation for AIG, it's unclear whether the interagency council will continue to appeal a court ruling overturning MetLife's SIFI designation. ... Read full article

EU-based banks are citing a U.S. Treasury Department report as reason to slow-walk international regulatory standards. ... Read full article

The Trump administration is prepping recommendations to address shortcomings in the capital markets in a report to be released next month, a top Treasury Department official said Monday. ... Read full article

Despite a direct request by six Democratic senators that Fannie Mae and Freddie Mac be allowed to rebuild capital, Treasury Secretary Steven Mnuchin did little to clarify the administration's thinking. ... Read full article

Neglecting to appoint a full-time director could shortchange efforts to improve the bureau’s transparency and undertake other needed reforms. ... Read full article

With the deadline for a federal-debt-limit renewal nearly a month away, bankers are dreading the prospect of higher funding costs, strained liquidity, weaker commercial loan demand and other ramifications if Washington does not act. ... Read full article

In times of economic stress, customers tend to flood the U.S. banking system with deposits. But the leverage ratio penalizes banks for conducting this core banking function. ... Read full article

Dividend payments by Fannie Mae and Freddie Mac are due to come one day after the U.S. is estimated to hit the debt ceiling, raising the stakes in the debate over whether those payments should continue. ... Read full article

The Fed wants directors to “focus on the big issues” not minutia; Softbank to invest $250 million in online small business lender. ... Read full article

Regulators have near consensus that parts of the Volcker rule need to change. But it's not clear whether the fixes being contemplated will have a big impact. ... Read full article

The Treasury Department will take a huge hit when Cecil Bancorp sells it bank, while 1st Mariner Bank in Baltimore will see its equity stake completely wiped out. Cecil opted for bankruptcy court when it was unable to resolve an impasse over its ... Read full article

The administration and regulators are considering exempting certain asset classes from the leverage ratio, but opponents say going down that road is a mistake. ... Read full article

The nation’s largest state set out to bring a once-illicit industry into the financial mainstream but is now running into a Washington, D.C.-size barrier. ... Read full article

Tucked away in the Treasury Department’s regulatory reform report released last month was a nascent effort to reform the way regulators implement the Community Reinvestment Act. ... Read full article

Federal regulators supported several changes the banking industry has been seeking in an appearance before the Senate Banking Committee on Thursday, acknowledging the need to limit the Volcker Rule and better define systemically important banks. ... Read full article

The administration’s regulatory blueprint would undermine the calculation of the so-called leverage ratio, a key ingredient in determining large banks’ capital strength. ... Read full article

The Fed is preparing to release the results of its annual stress tests in what is likely to be the last iteration of the post-crisis supervisory program before sweeping changes are made. ... Read full article

The Treasury plan includes a slew of items that don’t require Congress to act, and appear feasible in the short term. Here's a guide to what changes could be made. ... Read full article