Ian McKendry

The Senate Banking Committee approved the nomination of Jay Clayton as chairman of the Securities and Exchange Commission in a 15-8 vote on Tuesday.

Sen. Pat Toomey, R-Pa., asked the Government Accountability Office to weigh in on whether two pieces of bank regulatory guidance are in fact rules for the purposes of the Congressional Review Act.

Senate Banking Committee Chairman Mike Crapo acknowledged Thursday that a broad Dodd-Frank relief package is likely out of reach, but said targeted reforms could still pass.

With slim odds of getting eight Democrats to support major Dodd-Frank Act reforms, Republicans are turning to other measures to make changes to the 2010 reform law.

The Trump administration is seeking to immediately shut down the Treasury Department’s grant programs for community development financial institutions.

Lawmakers from both parties asked experts Tuesday if institutions with less than $10 billion of assets should be exempt from Dodd-Frank regulations, signaling a possible bipartisan compromise.

House Republicans’ failure to repeal the Affordable Care Act — an issue that has animated the party caucus since its passage in 2010 — has thrown into question their ability to enact regulatory relief.

The groups and industry trade associations want the Treasury Department and the FHFA to allow Fannie Mae and Freddie Mac to build up capital reserves.

Implementation of the second phase of the common securitization platform had been projected for next year, but the anticipated time frame was delayed following "lessons learned" from the first phase.

Sen. Mike Rounds, R-S.D., told a meeting of bankers not to focus on credit unions' tax exemption in talks with lawmakers, saying the two industries should unite over regulatory reform.