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Last month's unrest in Baltimore once again cast the spotlight on the negative cycle of crime, violence and poverty that plays out in many American cities and counties. So why aren't banks directing more of their investment dollars into the neighborhoods that need it the most? And can Community Reinvestment Act reform help push them in that direction?

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Despite strong rhetoric from both sides that legislative action is needed to help community banks, Republicans and Democrats on the Senate Banking Committee remain divided in their approaches ahead of a markup Thursday.
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Last year the mail carrier's office of inspector general suggested a potential expansion into small-dollar lending, but the ambitions laid forth in a new report have been scaled back considerably.
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Lost in the debate so far over Shelby's regulatory relief bill are the significant changes it makes to the housing finance system. It essentially takes consensus elements from multiple past stabs at reform, leaving out the most controversial parts and making future reform far easier.

The U.S. financial system has weathered several external threats in the past year, but significant hazards remain, including the potential for cyberattacks and excessive concentration of risk in central counterparties, according to a report by the Financial Stability Oversight Council.

How the company marketed and enrolled customers into its PayPal Credit product has resulted in a $25 million enforcement action from the Consumer Financial Protection Bureau.
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Democrats on the Senate Banking Committee unveiled legislation Tuesday to rival a plan by the panel's GOP chairman, signaling that the partisan divide over regulatory reform isn't likely to soften ahead of a panel markup later this week.

Calling his state's foreclosure process "badly broken and in need of change," New York banking regulator Benjamin Lawsky wants new policies enacted to fast-track vacant property foreclosures and reform the state's mandatory foreclosure mediation requirements.

Crucial operational steps remain before the government could clean up the collapse of a massive firm without threats to the broader financial system.
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No bank has fully disclosed what it spends on the Federal Reserve's Comprehensive Capital Analysis and Review, in part because the figure is hard to isolate. It's a key piece of information missing in the debate over banks' regulatory burden.

The Education Department's plan to tighten restrictions on deals between banks and universities sparked a fierce debate Friday over whether such rules are long overdue or a significant overreach.

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