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Editor-at-Large Barbara A. Rehm
It's hard to believe but true: more than 700 banks maintained a pristine Camels 1 rating throughout the six-year period bracketing the financial crisis. New Fed research shows why.

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Penny Pritzker (Image: Bloomberg News)
Penny Pritzker defended her role in the 2001 failure of Superior Bank on Thursday, insisting that she had only tried to "salvage the situation."

Sen. Elizabeth Warren said she is 'eager to tell the story about my experiences on the frontlines of policymaking.' (Image: Bloomberg News)
Henry Holt & Co. announced a deal with Elizabeth Warren for her account of founding the CFPB, her Massachusetts Senate race and advocacy for the middle class.

Rep. Patrick McHenry (Image: Bloomberg News)
Assistant Attorney General Mythili Raman acknowledges "complexities" in investigating bigger banks but tells a House panel that they "do not equal immunity" from criminal action.

Federal Reserve Board Chairman Ben Bernanke (Image: Bloomberg News)
Federal Reserve Board Chairman Ben Bernanke told lawmakers that his concerns about financial stability risks from historically low interest rates have "increased a bit."
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Treasury Secretary Jacob Lew (Image: Bloomberg News)
Lawmakers on the House Financial Services Committee grilled Treasury Secretary Jacob Lew on Wednesday over various policy issues, including the Volcker rule, mortgage finance reform and the Internal Revenue Service scandal.

The GSEs provide an important government 'backstop,' though they should not hold mortgages in portfolio, Wells Chairman and CEO John Stumpf says. (Image: Bloomberg News)
Wells Fargo CEO John Stumpf said that he believes the government-sponsored enterprises need to be retained in some form because the guarantee they provide is important to investors.

JPMorgan Chase chairman and CEO Jamie Dimon (Image: Bloomberg News)
Now that shareholders have agreed to let Jamie Dimon keep both his jobs at JPMorgan Chase, the chairman and chief executive must resolve several pressing issues. Among them: succession, board composition and mounting regulatory scrutiny.

Rep. Shelley Moore Capito (Image: Bloomberg News)
Lawmakers blasted senior officials at the Consumer Financial Protection Bureau on Tuesday, arguing they were too rigid with recently finalized mortgage rules that could choke off access to credit.

'It's like turning around an aircraft carrier that's out of control,' Iowa Attorney General Tim Miller said of the national mortgage settlement. 'It's difficult but possible.' (Image: Bloomberg News)
The rift involves a disagreement over how aggressively to enforce servicing standards contained in the multi-state mortgage settlement.

Michael Krimminger, former general counsel for the FDIC (Image: Bloomberg News)
Scores of foreign banks with very small U.S. operations still find themselves drafting "living wills" to provide U.S. regulators with a roadmap to their hypothetical failures, leading to calls for a lighter requirement.
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