Cheyenne Hopkins

House Financial Services Committee Chairman Barney Frank on Monday said the House would approve regulatory reform by October and predicted the president would sign the legislation into law by yearend.

Faced with mounting criticism from regulators and lawmakers from both parties on the Obama administration's regulatory reform plan, Treasury Secretary Tim Geithner did little last week to address problems with the proposal and gave no sign he was willing to compromise.

Treasury official gets rough reception from ABA over reg reform plan; Sen. Bunning continues criticism of central bank; Sen. Durbin questions ICBA's independence.

WASHINGTON — The Federal Reserve Board would get the fifth seat on the Federal Deposit Insurance Corp.'s board under legislative language submitted Thursday to Capitol Hill by the Obama administration.

The Treasury Department sent lawmakers draft legislation Tuesday to regulate credit rating agencies.

Banks continued to tighten their lending standards for the second consecutive year as the economy continues to deteriorate, according to a survey by the Office of Comptroller of the Currency released Tuesday.

As the debate over regulatory reform unfolds, a key question is just how much control over large companies should be vested in one agency.

'Plain vanilla' joins 'toxic assets' and 'zombie banks' in the financial crisis lexicon; Treasury looking for humor — literally; and more.

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