May 17
A recap of the informed opinions (and the discussions they generated) on BankThink this week.
Joe Adler | May 17
Washington Post blog tries giving clarity around who used the analogy in a point about Japanese monetary policy. It was likely not Federal Reserve Board Chairman Ben Bernanke.
Victoria Finkle | May 17
It's common to hear complaints that Congress is no better than a bunch of squabbling kids, but it's less often that you see an actual child take part in official proceedings.
Kevin Wack | May 17
The regulator of federal credit unions is promising to take steps to curtail high-cost, short-term loans, in the wake of tough action by banking regulators.
Chris Cumming | May 17
The Office of the Comptroller of the Currency took regulatory action against 11 financial institutions and terminated orders against five others in April, the agency said Friday.
Jeff Horwitz, Kate Berry | May 17
In a sign of renewed pressure on mortgage servicers, a number of big banks have ceased or dramatically slowed the final step in the foreclosure process.
May 17
Risks posed by the shadow banking system, the need for regulators to work through disagreements and housing reform were among the key concerns among top financial policymakers gathered at the Federal Reserve's annual conference in Chicago last week. Washington reporter Donna Borak, who attended the event, discusses the implications.
Kevin Villani | May 17
The return to profitability of Fannie Mae and Freddie Mac is not a reason to preserve them as part of a future housing finance system.
May 17
The Federal Reserve announced an enforcement action against the Bank of Montreal and BMO Financial for "deficiencies" in compliance with anti-money laundering and Bank Secrecy Act rules and regulations.
Katie Gillespie | May 17
For two years, Democrats and Republicans have been at an impasse over the nomination of the Consumer Financial Protection Bureau's Director Richard Cordray, and next week Senate Majority Leader Harry Reid is once again calling up the long-awaited confirmation vote.
David Fiderer | May 17
Loan performance data show the entire case against GSE underwriting standards, and their role in the financial crisis, is based on social stereotyping, smoke and mirrors, and little else.
Brian Browdie | May 16
Tim Ryan, a veteran lobbyist who runs JPMorgan Chase's regulatory strategy, served until January as chief executive of SIFMA, which moved last week to stop the sending of vote tallies to shareholders.
Jeff Horwitz, Kevin Wack | May 16
The Consumer Financial Protection Bureau's focus on discrimination in the auto loan business will likely force the banks it targets to stop paying bonuses to car dealers that originate high-interest loans. Changing practices in the rest of the industry could prove tougher.
Victoria Finkle | May 16
Senate Majority Leader Harry Reid is bringing the battle over the Consumer Financial Protection Bureau back to the forefront next week with a long-awaited confirmation vote on Richard Cordray, the agency's director.
Donna Borak | May 16
Federal Reserve Gov. Sarah Bloom Raskin warned Thursday that the government's tightening fiscal policies and a slow housing recovery will continue to restrain a U.S. economic recovery.
