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There were three issues that dominated Washington in June: cybersecurity, CFPB rules and staffing problems, and the unexpected emergence of a bipartisan housing finance reform bill. Following are the stories you don't want to miss:

(Image: Thinkstock)

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Why the CFPB Keeps Losing Its Senior Staff

Our analysis of the CFPB's recent brain drain - including the regulatory turf battles that helped fuel it - made it one of the most talked about stories of the month, with lawmakers raising the issue directly to CFPB officials when they appeared on Capitol Hill.
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Cheat Sheet: Details Emerge on Corker-Warner GSE Bill

American Banker broke the original story in May that Sens. Bob Corker and Mark Warner were working on a bipartisan GSE bill. But it wasn't until a draft was leaked online that analysts could look at exactly what the lawmakers were planning. The bill was ambitious, including the creation of a federal agency that would provide catastrophic reinsurance for mortgage-backed securities. Other relevant details - and there are many - can be found here. (Image: Bloomberg News)
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The Myth of the All Powerful CFPB

Critics of the Consumer Financial Protection Bureau like to paint it in stark terms as an omnipotent agency that answers to no one. Yet the truth is that the CFPB has responded to Capitol Hill pressure and industry suggestions just like every other banking regulator. (Image: Bloomberg News)
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OCC Sees Cybersecurity as Fastest-Growing Risk to Banks

Regulators appear increasingly worried about cybersecurity threats, as the OCC's third semiannual risk perspective report showed. The report said cyber threats are increasing in both sophistication and volume - and banks need to be better prepared to face them. (Image: Thinkstock)
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Corker-Warner's Bill May Break Logjam on GSE Reform

The bipartisan GSE bill represents one of the most serious attempts to craft a workable compromise on housing finance reform. Even though it is unlikely to become law in its current form, analysts agree it helps move the ball forward. (Image: Bloomberg News)
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Restrictions on Overdraft Not Protecting Consumers: CFPB

Despite new restrictions on banks designed to protect depositors, consumers are still being gouged by high overdraft fees and abrupt account closures, the CFPB found in a recent survey. Although the report was not necessarily a precursor to further regulations, the findings make it more likely the agency will act. (Image: Bloomberg News)
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FDIC Legal Battles Over Financial Crisis Just Beginning

Only one of the FDIC's 65 lawsuits against former bank executives and directors has produced an actual decision, with most still waiting for an outcome. Observers predict years of legal battles ahead for the agency in an attempt to win back money lost through bank failures.
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Time to Implement Dodd-Frank - Or Else

If federal regulators do not get the bulk of Dodd-Frank's provisions in place by the end of 2014, Congress is likely to take another, tougher whack at reform. It will make the 2010 law look tame in comparison.
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Supreme Court Case May Have Big Impact on CFPB

The Supreme Court said last month it would hear a case that calls into question President Obama's recess appointments to the National Labor Relations Board. Though the case does not directly relate to CFPB Director Richard Cordray's appointment - made the same day as the NLRB ones - it could ultimately call into question the legality of Cordray's tenure and several regulations as they apply to nonbanks. (Image: Thinkstock)
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Pace of Dodd-Frank Implementation 'Rapidly' Increasing: Bernanke

Regulators are making steady progress on a number of critical rules under the Dodd-Frank Act, Fed Chairman Ben Bernanke said, predicting that several final rules will be released in the next several months. (Image: Bloomberg News)

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