Rob Blackwell | May 02
President Obama has nominated Penny Pritzker to head the Commerce Department, overlooking her role in the costly failure of Superior Bank.
Katie Gillespie | May 02
The Consumer Financial Protection Bureau is receiving slack from U.S. payday lenders after a recent report concluded the industry "traps consumers in a cycle of debt," writes American Banker's Kevin Wack.
Donna Borak | May 02
The agencies appear to be at loggerheads over a final Basel III deal, with the Federal Deposit Insurance Corp. pushing for a higher leverage ratio but facing resistance from the Federal Reserve Board and the Office of the Comptroller of the Currency.
Chris Cumming | May 02
The Federal Reserve Board has hit a Wisconsin bank with an enforcement action, while lifting actions against two others.
Kevin Wack | May 02
U.S. payday lenders are lashing out at the Consumer Financial Protection Bureau in the wake of a report that concluded the industry traps consumers in a cycle of debt.
Victoria Finkle | May 02
A Congressional Budget Office report commissioned by Democrats concludes that principal reductions in modifications of loans backed by Fannie Mae and Freddie Mac would achieve more success if eligibility of the Home Affordable Modification Program were widened.
Brian Browdie | May 02
The Federal Deposit Insurance Corp. has accused 18 former officers and directors of the parent company of Midwest Bank with reckless practices that led to the Chicago-area bank's failure during the financial crisis.
May 02
Small banks are pushing to be exempted from what they call an unneeded and overly burdensome data-collection effort to spot how consumers may be abused by checking account overdraft fees and other charges.
Andy Peters | May 02
A pair of longtime foes, community banks and credit unions, oppose CFPB rules and — gasp — are even willing to team up in lobbying for exemptions.
Clifford Rossi | May 02
Accounting rules require banks to drain reserves when loan losses are low and build them up when problems abound, amplifying booms and busts. Allowing a long-run view of losses in setting reserves would improve financial stability.
May 01
President Obama has nominated Rep. Mel Watt, D-N.C., to lead the Federal Housing Finance Agency. Editors discuss why the move has little chance of winning Congressional approval and is emblematic of Washington's housing reform dilemma.
Related: How Watt's FHFA Nomination Helps Obama in Housing Debate
Victoria Finkle | May 01
Rep. Mel Watt will likely face an uphill battle to win confirmation as director of the Federal Housing Finance Agency, but nominating him has other advantages in the debate over long term mortgage policy.
Katie Gillespie | May 01
Sen. Tim Johnson, chairman of the Senate Banking Committee, and Rep. Jeb Hensarling, chairman of the House Financial Services Committee, have remained mum over the renewed push to end "too big to fail", which has garnered attention recently from prominent lawmakers, regulators and pundits.
Barbara A. Rehm | May 01
The consensus in Washington is that "more needs to be done" to end "too big to fail," but the bulk of the reforms Congress and the Basel Committee adopted in the wake of the 2008 crisis have yet to be adopted. So no one truly knows if we've done "enough" yet.
Brian Browdie | May 01
New York Attorney General Eric Schneiderman just can't wait for Edward DeMarco's reign at the Federal Housing Finance Agency to end.
