Cheyenne Hopkins

For weeks, Republicans have argued that creditors would benefit if lawmakers granted government regulators the power to unwind companies that pose a threat to the financial system. But as the House prepares to vote on a massive regulatory reform bill this week, creditors oppose the measure, arguing that the existing bankruptcy process is clearer, allows them to negotiate payments and includes an independent judicial review.

The Financial Reform Task Force released its regulatory reform report, recommending much less authority for the Federal Reserve Board.

FDIC Chairman Sheila Bair defended an amendment that would allow the agency to impose a 20% haircut on secured creditors when resolving systemically important institutions.

The Treasury Department announced Tuesday that it would begin selling its warrants for stock in Capital One Financial Corp. on Thursday.

The Treasury Department's latest attempt to encourage servicers to modify more loans is unlikely to work because it does not address key underlying problems, sources said.

Critics continue to argue that regulatory reform legislation would create a permanent bailout mechanism by giving the FDIC resolution authority. But is that right?

The thrift industry earned $1.3 billion in the third quarter, its first quarterly profit in two years, the Office of Thrift Supervision said Tuesday.

The House Financial Services Committee's attempt to give oversight of systemically important companies to both the Federal Reserve and an interagency council is being panned by critics who call it confusing and unworkable.

It was supposed to be the week the House Financial Services Committee passed a key part of regulatory reform and the Senate Banking Committee finally began moving forward on its ambitious overhaul plan. Instead, it was the week that regulatory reform took a significant step backward.

It was supposed to be the week the House Financial Services Committee passed a key part of regulatory reform and the Senate Banking Committee finally began moving forward on its ambitious overhaul plan. Instead, it was the week that regulatory reform took a significant step backward.

The House Financial Services Committee approved a series of amendments Thursday designed to enhance oversight of the Federal Reserve Board and create a government fund to pay for the failure of systemic institutions.

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Senate Banking Committee Chairman Chris Dodd on Wednesday asked that the Senate immediately begin considering his legislation to freeze interest rates until a credit card reform law takes effect next year.

Comptroller of the Currency John Dugan on Wednesday called for regulators around the world and in the U.S. to establish uniform mortgage underwriting standards.

Rep. Spencer Bachus, the lead Republican on the House Financial Services Committee, sent a letter to Chairman Barney Frank requesting a hearing on the condition of the Federal Housing Administration.

The Treasury Department, the Securities and Exchange Commission, the Department of Housing and Urban Development and Justice Department established a financial fraud task force on Tuesday.

The Federal Reserve Board on Monday proposed restrictions on gift card fees. Under the proposal, service fees on gift cards would be prohibited unless the card was not used for a year, only one such fee could be charged per month and the consumer would receive clear disclosures.

Rep. Scott Garrett, R-N.J., asked Treasury Secretary Timothy Geithner Monday to clarify which companies would pay into a fund meant to pay for the resolution of systemically important institutions.

Federal Reserve Board Chairman Ben Bernanke on Monday rejected calls to break up large depository institutions, either on the basis of their size or the products they offer.

Faced with dwindling reserves at the Federal Housing Administration, Housing and Urban Development Secretary Shaun Donovan said he is "actively looking" at increasing the government mortgage insurance program's premiums and down-payment requirements.