Ian McKendry

WASHINGTON – House Republicans are urging the Consumer Financial Protection Bureau to process a deluge of comment letters on the bureau's proposal to restrict small-dollar lending.

President-elect Donald Trump announced Friday that he is assembling a team of top business executives to provide input on how regulations and government policies are impacting economic growth and job creation.

WASHINGTON – The House passed a bill Thursday 254-161 that would remove the strict $50 billion-asset threshold that subjects banks to tougher supervisory requirements, giving regulators more flexibility over what institutions are considered systemically important.

Democratic lawmakers introduced legislation Thursday that would prevent Wells Fargo from using arbitration agreements to settle claims made by victims of a fake account scandal that came to light in September.

WASHINGTON – The debate over housing finance reform appears to have new life as both Democrats and the next administration appear ready to take up the issue.

Even before taking office, Treasury Secretary-designate Steven Mnuchin has said he wants to return Fannie Mae and Freddie Mac to the private sector, a radically different vision of housing finance reform than that pushed by other Republicans.

Even before taking office, Treasury Secretary-designate Steven Mnuchin has said he wants to return Fannie Mae and Freddie Mac to the private sector, a radically different vision of housing finance reform than that pushed by other Republicans.

Former BB&T Chief Executive Officer John Allison, a top candidate for the next Treasury secretary, reiterated Tuesday that policymakers should consider eliminating or reducing the deposit insurance level.

WASHINGTON – The House is expected to vote on a bill this week that would change the way banks are designated as systemically important and subjected to tougher regulatory requirements.

John Allison, a contender for President-elect Donald Trump’s Treasury secretary, is a staunch opponent of the Federal Reserve Board, the Basel international accords, the government’s support of the housing finance industry and the Dodd-Frank Act of 2010.