Claire Williams

A bill setting national standards for earned wage access programs passed the House Financial Services Committee in a 29-22 vote.

Senate Banking Committee ranking member Elizabeth Warren, D-Mass., said the National Credit Union Administration's efforts to roll back 31 rules without a board quorum could jeopardize the credit union system's stability and legitimacy.

The Senate Banking Committee is slated to consider Christopher Phelan to be the chair of the Council of Economic Advisers on Thursday. Phelan has said in past academic papers that fractional reserve banking is "highly problematic."

President Donald Trump said he wouldn't sign the housing bill, which includes several riders aimed at helping community banks, until Congress passes the SAVE Act.

The bipartisan legislation aimed at reducing barriers to new home construction, which included certain community bank riders, passed the lower chamber by a 358-32 vote.

Tech companies may be the biggest winners of a custodial deposit provision tucked away in a much-touted bipartisan housing bill set to become law this week.

The Senate passed a bipartisan housing package, which includes certain community bank provisions, in an 85-5 vote. The House is set to vote on the package Wednesday.

A potential deletion from a long-standing regulatory definition has banks questioning how to classify vast swaths of their lending books.

The first bipartisan, bicameral housing compromise includes a suite of community banking provisions long sought by the industry.

Lawmakers from both parties defended regional Federal Reserve banks against potential consolidation, arguing local economic perspectives are essential to ensure monetary policy remains sound.

Independent Community Bankers of America is launching a new campaign comparing community banks with crypto companies, and highlights potential harm that the latter could pose to Main Street.

Federal Reserve Board Governor Jerome Powell's decision to remain on the board he once led combined with a lack of explicit rules governing Fed governance could lead to a power struggle that hasn't been seen in a generation.

Federal Housing Finance Agency Director Bill Pulte won the White House's favor by acting as an attack dog for the administration, using his agency's data to target President Trump's political enemies with fraud allegations, though those efforts have not withstood judicial scrutiny.

Trade groups challenging an Illinois state law barring interchange fees on taxes and tips are urging a federal judge to rule by June 3 ahead of the law's July 1 effective date.

The House passed housing legislation that includes a slightly pared-down institutional investor housing ban, as well as a raft of community bank measures.

The co-author of the landmark Dodd-Frank Act and progressive congressional trailblazer Rep. Barney Frank, D-Mass., has died.

The newest version of the House housing bill would make a ban on institutional investors owning some homes less harsh than the Senate version by removing a seven year mandate on selling build-to-rent homes.

Senate Banking Committee Chairman Tim Scott, R-S.C., flatly denied multiple pleas from Democrats to consider their amendment to a crypto market structure bill being marked up in the committee Thursday that would make banking industry-favored changes to the yield provision. The committee passed the measure in a 15 to 9 vote.

The Senate voted 54-45 to confirm Kevin Warsh to lead the central bank. Warsh will take the reins from Jerome Powell, who said he will remain on the Federal Reserve Board.

Amendments to a long-awaited crypto market structure bill slated to be marked up in the Senate Banking Committee Thursday would force lawmakers to vote for or against the banking industry's desired changes to the legislation.