Cheyenne Hopkins

The Treasury Department announced three additional investment firms Monday that have signed up to buy toxic assets through the Public-Private Investment Program.

Chris Dodd calls in big guns to help with campaign; Ron Paul finds a new venue at which to castigate the Fed; 7-Eleven delivers huge petition to stop interchange fees ...

The push to create a single bank regulator is driving a growing debate over whether consolidated supervision threatens the dual banking system.

The push to create a single bank regulator is driving a growing debate over whether consolidated supervision threatens the dual banking system.

While many policymakers were still describing the housing crisis as "contained," Molly Sheehan knew better. The JPMorgan Chase executive saw the payment shock brewing as a wave of hybrid adjustable mortgages were due to reset at higher rates, and she was determined to get ahead of it.

Although banks increased their loan workouts in the second quarter, rising delinquencies once again showed that problems were outpacing industry's efforts to slow the pace of foreclosures, according to a regulatory report released Wednesday.

Treasury Secretary Timothy Geithner continued to push for his regulatory restructuring plan in a briefing with reporters on Tuesday, arguing that the administration is making progress and signaling a willingness to compromise.

World Bank President Robert Zoellick said Monday that the Treasury Department, not the Federal Reserve Board, should be given authority to regulate systemic risks.

The Office of the Comptroller of the Currency said Friday that banks reported $5.2 billion of second-quarter trading revenue, down from a record $9.8 billion in the first quarter. The agency cited a seasonal decline in trading, and said the revenue was still the sixth strongest since the OCC began tracking such data.

ICBA Now on iTunesSome may view the financial crisis as a pile of lemons, but the Independent Community Bankers of America appears determined to make lemonade by using it to gain leverage over the largest banks.

WASHINGTON — Lawmakers pressed the Treasury Department Thursday to let the Troubled Asset Relief Program expire as planned at the end of the year, but it appeared unlikely the administration would give in.

After months of holding the line on the Obama administration's plan to reform financial services oversight, Treasury Secretary Tim Geithner showed a willingness to compromise Wednesday, agreeing to relax some consumer protections.

In advance of a hearing on regulatory reform proposals, House Financial Services Committee Chairman Barney Frank outlined his changes late Tuesday to legislation to create a consumer protection agency.

The Troubled Asset Relief Program, by injecting $125 billion into the nine largest financial firms, erased any doubt the government would allow a major institution to fail.

Nearly a year after it was enacted, the consensus is that the Troubled Asset Relief Program saved the economy from ruin — but it did so at a heavy cost for bankers.

Treasury Secretary Tim Geithner held a meeting on Thursday to tout government actions to combat mortgage fraud.

President Obama tried to add momentum to his flagging regulatory reform effort on Monday, marking the first anniversary of the failure of Lehman Brothers by touting his plan.

Congress continues to pad Geithner's resume; no one wants to talk about future of Fannie and Freddie; N.Y. Fed should not expect favorable treatment from Wall Street 2.

WASHINGTON — Ahead of the Troubled Asset Relief Program's first anniversary, Treasury Department officials on Thursday started a campaign to declare victory over the financial crisis, arguing that government intervention in the banking sector had saved the economy.

WASHINGTON — Disappointed by the industry's poor loan modification efforts, House Financial Services Committee Chairman Barney Frank warned again Wednesday that Congress is likely to pass a bill that would allow judges to rework mortgages during the bankruptcy process.