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Readers react to House lawmakers attempting to overhaul the credit bureaus, express sarcasm to the Senate Banking Committee eyeing cannabis banking, criticize Sen. Elizabeth Warren's plans to overhaul Wall Street and more. ... Read full article

In a registration statement filed with the SEC, the company revealed new details about its financial performance and its growth plans. ... Read full article

The National Credit Union Administration caught flak after it approved raising the threshold for appraisals on commercial real estate loans to $1 million. ... Read full article

While executives at the Buffalo, N.Y., bank said they would take a closer look at spending, especially given the potential for interest rate cuts, they described investments in tech talent as an essential cost of doing business. ... Read full article

The McLean, Va.-based credit card issuer reported expense growth that rose faster than net interest income during the second quarter. ... Read full article

The company, which announced the conclusion of a three-year-old credit card partnership with TD Bank, is shifting to digital financing of individual consumer purchases. ... Read full article

Although the presidentially directed reports on housing finance reform are "essentially done," FHFA Director Mark Calabria doesn't expect them to be published until August or September. ... Read full article

Ahead of a House hearing to examine his company's proposed merger with SunTrust, King tried to downplay regulatory concerns. ... Read full article

The current overdraft rules could use some tweaks, but it should largely remain the same to protect consumers. ... Read full article

The company will work on Libra, but won’t issue digital currency without proper authority; the bank’s profit dropped 8% on reduced revenue. ... Read full article

The ruling deals a blow to efforts by the Department of Housing and Urban Development to restrict nonprofit housing funds from operating on a national scale. ... Read full article

Bank of America says rate cuts could reinvigorate mortgages and that its digital and cards strategies will help it grab more market share to offset shrinking margins. ... Read full article

Executives at the Minneapolis bank, who expect two Fed rate cuts this year, said they can rely on growth in noninterest income to soften the blow. ... Read full article

The consumer bureau said banks are "uniquely positioned" to know if an elderly customer is being targeted by fraudsters. ... Read full article

Democrats called on the social media company to halt its Libra project, while Republicans said Congress should keep the door open to innovation. ... Read full article

After FASB's decision to give most banks extra time to prepare, lobbying groups are pushing for more. ... Read full article

The decision gives the vast majority of banks and credit unions another year to implement the controversial accounting method for loan losses. ... Read full article

The bank regulators extended a moratorium for the proprietary trading ban for certain affiliates of foreign banks by an additional two years. ... Read full article