Ian McKendry

WASHINGTON — The House passed a bill 247-171 on Thursday that would raise the threshold for a Federal Reserve Board exemption that helps banks raise Tier 1 capital.

House Republicans moved two bills through committee on Wednesday that would each roll back key provisions of the Dodd-Frank Act.

WASHINGTON — The House passed a bill Tuesday that would create a new bankruptcy system for large financial institutions.

WASHINGTON — The Federal Reserve Board and the Federal Deposit Insurance Corp. should rethink the review process for big banks' resolution plans, the Government Accountability Office said in a report released Tuesday.

Sen. Jeff Merkley, D-Ore., and nine other Democrats are attempting to block a go-around they say payday lenders use to avoid complying with state laws.

Sens. Sherrod Brown, D-Ohio, and Elizabeth Warren, D-Mass., sent a letter to the Treasury Department on Thursday urging an investigation into whether any U.S. or U.S.-linked entities are associated with the Panama-based law firm Mossack Fonseca & Co. and its schemes to help wealthy individuals and businesses evade taxes and launder money.

Democratic presidential hopeful Hillary Clinton has made reining in the shadow banking system a focal point of her campaign platform, but there are fears that doing so could come with a high price tag for the U.S. economy.

LAS VEGAS – Office of the Comptroller of the Currency chief Thomas Curry said Thursday that banks have reached a do-or-die moment and it is up to them to keep up and outinnovate nonbank rivals.

Democratic presidential hopeful Hillary Clinton has made reining in the shadow banking system a focal point of her campaign platform, but there are fears that doing so could come with a high price tag for the U.S. economy.

GOP lawmakers and witnesses at a Senate Banking Committee hearing pointedly criticized the Consumer Financial Protection Bureau on Tuesday, setting the stage for a likely contentious hearing with the agency's director later in the week.