Ian McKendry

House Democrats made an unusual move this week to avoid offering amendments or engaging in debate over a massive financial reform bill. Here's why.

House Democrats made an unusual move this week to avoid offering amendments or engaging in debate over a massive financial reform bill. Here's why.

Chairman Jeb Hensarling’s financial reform bill was approved by the Financial Services Committee along mostly party lines as Democrats declined to offer amendments to legislation they said was too flawed to begin with.

Chairman Jeb Hensarling's financial reform bill was approved by the Financial Services Committee along mostly party lines as Democrats declined to offer amendments to legislation they said was too flawed to begin with.

Democratic lawmakers are calling for Wells Fargo Chief Executive John Stumpf to testify before a Senate panel as part of an investigation into nearly 2 million fraudulent bank and credit card accounts that Wells employees opened in an effort to meet sales incentives.

CU trade groups have generally praised Jeb Hensarling's Financial Choice Act, though some analysts say it has little chance of becoming law.

WASHINGTON – The House Financial Services Committee will vote on a bill Tuesday that has been touted as a Dodd-Frank alternative and will likely set the marker for financial reform debates in the next Congress.

Though no legislation is likely to pass prior to the election, lawmakers will be busy throughout September with hearings featuring top Federal Reserve Board officials and voting on a much anticipated financial reform bill. Here are five things to keep an eye on:

Though no legislation is likely to pass prior to the election, lawmakers will be busy throughout September with hearings featuring top Federal Reserve Board officials and voting on a much anticipated financial reform bill. Here are five things to keep an eye on.

WASHINGTON — Kansas City Federal Reserve Board President Esther George and Richmond Fed President Jeffrey Lacker will testify before a House panel on Wednesday.

WASHINGTON — Rep. Carolyn Maloney, D-N.Y., sent a letter to federal regulators Monday requesting an analysis of bank trading data that is being collected as part of the Volcker Rule.

Roughly 73% of donations from commercial banks' political action committees are going to Republicans in this election cycle, the most tilted toward one party by the banking industry in recent memory. Here's why.

In a speech Tuesday, GOP presidential nominee Donald Trump pledged to temporarily suspend all new federal regulations if elected president, but even if he wins the White House, it may prove beyond his reach.

In a speech Tuesday, GOP presidential nominee Donald Trump pledged to temporarily suspend all new federal regulations if elected president, but even if he wins the White House, the plan may prove beyond his reach.

The Indiana Senate race could prove to be the most important congressional race for bank policymaking if handshake deals propel former Sen. Evan Bayh to the top of the banking committee. But picking Bayh could start a civil war within the Democratic Party.

The Indiana Senate race could prove to be the most important congressional race for bank policymaking if handshake deals propel former Sen. Evan Bayh to the top of the banking committee. But picking Bayh could start a civil war within the Democratic party.

WASHINGTON — State bank associations threw their support behind a regulatory relief bill on Tuesday in hopes the legislation can gain traction in the Senate.

It's part of the Democratic platform, but lawmakers at the convention here are skeptical of embracing a plan to restore the Glass-Steagall Act, unsure what it would look like.

It's part of the Democratic platform, but lawmakers at the convention here are skeptical of embracing a plan to restore the Glass-Steagall Act, unsure what it would look like.

President Obama called for Fannie Mae and Freddie Mac to be eliminated, but Democratic policymakers attending the convention in Philadelphia appear resigned to the fact that Congress is unable to act on housing finance reform.