Cheyenne Hopkins

A two-hour Senate Banking Committee hearing Thursday touched on virtually every major financial services topic under the sun but resolved little.

Top House Democrats attempted to halt momentum Wednesday for a bill to delay by 18 months the derivatives provisions of the Dodd-Frank Act, arguing the legislation would chip away at the regulatory reform law.

After months of stalemate, the state attorneys general have proposed new terms to the top five mortgage servicers that drop some controversial provisions of their first attempt at a settlement.

While it's the president who chooses nominees for key financial services policy posts, a Republican from Alabama appears to have a big say in whether a candidate is confirmed.

Former N.Y. State Banking head will chair global regulatory practice at a major accounting firm; OCC taps agency veteran for its senior deputy comptroller post; and more.

Republicans are strongly considering using a rare procedural move to prevent President Obama from making a recess appointment to install a director of the Consumer Financial Protection Bureau.

Republicans are strongly considering using a rare procedural move to prevent President Obama from making a recess appointment to install a director of the Consumer Financial Protection Bureau.

Senate Republicans' vow to not confirm a permanent director for the Consumer Financial Protection Bureau without changes to the agency virtually assures a recess-appointment.

Montana Democrat Jon Tester has been hit by attack ads protesting his bill to delay proposed debit interchange fee restrictions, but his close reelection race may ultimately help the bill.

By a voice vote, the Capital Markets Subcommittee approved a bill to establish a U.S. covered-bond market.

Tester pens op-ed in Montana Tavern Times on why he's pushing to delay rule to limit interchange fees; Warren shows up on the Daily Show, rails against effort to "defang" CFPB.

Banks and several large technology companies, including Apple Inc. and Microsoft Corp., argue that because the Fed's proposed 12-cent interchange fee cap does not properly take into account the costs of fraud and fraud prevention, banks will inevitably have less money to protect data security, making the entire system less safe.

The Independent Community Bankers of America and the American Bankers Association announced Tuesday their upcoming regulatory conferences.

While the banking industry clearly has momentum on its side in the fight to delay a rule that would limit debit interchange fees, time for Congress to act is rapidly running out.

WASHINGTON — While the banking industry clearly has momentum on its side in the fight to delay a rule that would limit debit interchange fees, time for Congress to act is rapidly running out.

The Senate Banking Committee announced several additions to its staff and a few promotions Wednesday, including Drey Samuelson as senior adviser and Charles Yi as chief counsel and deputy staff director.

Sheila Bair's high ranking on a Forbes list takes a dip; acting OCC comptroller likens rules related to the Dodd-Frank Act to multiple prescribed medications; and more.

Sen. Jon Tester took to the Senate floor to lobby for support of his bill to delay the Durbin interchange rule by two years, arguing it would hurt small business and community banks.

Lawmakers from both political parties warned Thursday the risk retention proposal could spark a credit crunch and cripple community banks' effectiveness.

While the regulatory order requires the servicers to overhaul their operations, it also bolsters a key bank defense — namely, that the significant problems uncovered in the process have not led to improper foreclosures.