Ian McKendry

Financial technology companies should be examined for safety and soundness just like banks and credit unions, top executives from the Independent Community Bankers of America said Tuesday.

The prepaid card industry is ramping up its advocacy efforts on Capitol Hill as the Consumer Financial Protection Bureau readies a final rule targeting such products.

The prepaid card industry is ramping up its advocacy efforts on Capitol Hill as the Consumer Financial Protection Bureau readies a final rule targeting such products.

The prepaid card industry is ramping up its advocacy efforts on Capitol Hill as the Consumer Financial Protection Bureau readies a final rule targeting such products.

Rep. Randy Neugebauer introduced a bill Thursday that is designed to reverse some of the negative effects of legislation enacted last year that cut the dividend the Fed pays larger banks. His bill would allow banks to redeploy capital held at the Fed.

Despite his loss in the New York primary on Tuesday, Sen. Ted Cruz is fighting hard to win the Republican nomination. But eliminating the CFPB could be an even tougher challenge if he is eventually elected president.

Despite his loss in the New York primary on Tuesday, Sen. Ted Cruz is fighting hard to win the Republican nomination. But eliminating the CFPB could be an even tougher challenge if he is eventually elected president.

WASHINGTON — Several Democratic senators are calling for the Government Accountability Office to investigate whether financial technology companies are properly regulated.

Democratic presidential hopefuls Bernie Sanders and Hillary Clinton both emphasized during a late Thursday debate that they are prepared to break up megabanks that pose a systemic risk to the U.S. economy, but also showed there are differences in how they approach "too big to fail."

Credit unions watching closely as they wait to see what sort of supplemental capital proposal will come out of the National Credit Union Administration.