Ian McKendry

Sen. Elizabeth Warren, D-Mass., delivered a blunt message to fellow Democrats on Monday, warning them not to support efforts to restructure the Consumer Financial Protection Bureau.

Sen. Elizabeth Warren delivered a blunt message to fellow Democrats not to make any deals when it comes to restructuring the Consumer Financial Protection Bureau. But whether the progressive Democrat can hold the line with her colleagues or stave off Republican attempts to rejigger the agency using filibuster reform remains to be seen.

Sen. Elizabeth Warren delivered a blunt message to fellow Democrats not to make any deals when it comes to restructuring the Consumer Financial Protection Bureau. But whether the progressive Democrat can hold the line with her colleagues or stave off Republican attempts to rejigger the agency using filibuster reform remains to be seen.

GOP control of the legislative and executive branches, combined with a 2018 election map that threatens vulnerable Democrats, gives the industry its best chance in six years to change the financial reform law.

The Consumer Financial Protection Bureau faces an uncertain and precarious future under President-elect Donald Trump, who some say might seek to oust Director Richard Cordray and boost legislation to significantly weaken the agency.

WASHINGTON — Republicans had a big night on Tuesday, capturing not just the White House, but staving off a challenge to their control of the Senate, which will likely deliver the gavel of the banking panel to Sen. Mike Crapo, R-Idaho, next year.

There was another surprise Tuesday as Republicans managed to keep a Senate majority following the elections, likely giving the gavel of the Banking Committee to Sen. Mike Crapo, a right-of-center Idaho lawmaker who has proven willing to reach across the political aisle in the past.

Republican presidential nominee Donald Trump's shocking victory late Tuesday left world markets rattled, and financial services companies facing an uncertain future. But once they adjust, financial institutions are likely to embrace Trump's deregulatory agenda.

Despite more than a year of campaigning and discussing various issues, Donald Trump remains a huge question mark when it comes to policies affecting credit unions — making it unclear exactly what his priorities would as president.

Despite more than a year of campaigning and discussing various issues, Donald Trump remains a huge question mark when it comes to banking policies — making it unclear exactly what his priorities would be as president.

Republican presidential nominee Donald Trump's shocking victory late Tuesday left world markets rattled, and financial services companies facing an uncertain future. But once they adjust, financial institutions are likely to embrace Trump's de-regulatory agenda.

Employee termination notices sent by Wells Fargo to the Financial Industry Regulatory Authority raise new questions about the bank's knowledge of fraudulent account openings and indicate it may have taken retaliatory measures against potential whistleblowers, three Democratic senators alleged Thursday.

Employee termination notices sent by Wells Fargo to the Financial Industry Regulatory Authority raise new questions about the bank's knowledge of fraudulent account openings and indicate it may have taken retaliatory measures against potential whistleblowers, three Democratic senators alleged Thursday.

If Sen. Sherrod Brown becomes chairman of the Senate Banking Committee, he is likely to focus on toughening rules on the biggest banks, conducting oversight of scandals like the one at Wells Fargo and granting regulatory relief to smaller institutions.

Progressives are already pushing Democrats to appoint another Wall Street reformer to the Banking Committee if they win back the Senate, but other considerations, including the 2018 midterms, will play a significant role in who is chosen.

WASHINGTON — Sens. Elizabeth Warren, D-Mass., and Bernie Sanders, I-Vt., are raising concerns about why independent audits of Wells Fargo's internal controls didn't discover fraudulent account openings by thousands of employees.

WASHINGTON – Sixteen Senate Democrats sent a letter to federal financial regulators on Wednesday asking them to strengthen a proposal to restrict executive compensation at financial firms.

WASHINGTON – Sixteen Senate Democrats sent a letter to federal financial regulators on Wednesday asking them to strengthen a proposal to restrict executive compensation at financial firms.

A win by Hillary Clinton would be something of a mixed bag for credit unions. On the one hand, she's a moderate with detailed policies and has pledged to roll back the regulatory burden for CUs. Yet she may also be pushed to the left as she navigates issues, particularly on regulatory appointments.

A win by Hillary Clinton would be something of a mixed bag for bankers. On the one hand, she's a moderate with detailed policies, many of which are bank-friendly. Yet she may also be pushed to the left as she navigates issues, particularly on regulatory appointments.