Ian McKendry

Credit unions aren’t the only ones who would like to see changes made to their call reports: so would banks. While CUs are expecting NCUA to address call reports during implementation of the risk-based capital rule, banks are getting a little help from a handful of members of Congress.

A bipartisan group of lawmakers is poised to introduce a bill Tuesday that would streamline quarterly call reports in an effort to help ease the compliance burden on the community banks.

The Obama administration announced a new cybersecurity strategy on Tuesday, calling for a 35% increase in funding to bolster private and public defenses and the creation of a new chief information security officer position for the government.

The Obama administration announced a new cybersecurity strategy on Tuesday, calling for a 35% increase in funding to bolster private and public defenses and the creation of a new chief information security officer position for the government.

The White House and other Democrats have long pushed for banks to offer affordable small-dollar loans as an alternative to payday loans and other costlier credit, but banks have struggled to make them profitable and safe for consumers.

The House passed a bill Thursday 250-169 that would limit regulators' ability to force banks to cut ties with certain businesses despite Democratic fears that it could hamstring the Justice Department's ability to prosecute bankers responsible for the financial crisis.

The House passed a bill Thursday 250-169 that would limit regulators' ability to force banks to cut ties with certain businesses despite Democratic fears that it could hamstring the Justice Department's ability to prosecute bankers responsible for the financial crisis.

The Consumer Financial Protection Bureau should have direct oversight of auto dealers instead of being forced to go through indirect auto lenders to make changes to the market, Sen. Elizabeth Warren, D-Mass., suggested Wednesday.

WASHINGTON – The current financial regulatory structure is ill-suited for innovation, but a legislative effort to fix that may still be a long way off, according to top House Republican lawmakers.

WASHINGTON — The current financial regulatory structure is ill-suited for innovation, but a legislative effort to fix that may still be a long way off, according to top House Republican lawmakers.

In a presidential race dominated by populists and even an aging socialist, the establishment candidates that bankers prefer — Hillary Clinton and Marco Rubio — had a good night in Iowa on Monday. But the race is far from over, and the Iowa results showed some ominous signs as well.

WASHINGTON – The House passed a bill Monday by voice vote that could make certain municipal debt securities more attractive to banks.

Former Florida Gov. Jeb Bush’s polling numbers are running in the mid single digits in Iowa, making the prospects for his campaign bleak, yet he retains much of his support among bankers in the state.

Banking's top trade groups sent a letter to Congress asking lawmakers to intervene and stop a plan by the National Credit Union Administration to expand field of membership for federal credit unions.

After more than a decade of dormancy, field of membership is revving up the age-old rivalry between credit unions and banks.

WASHINGTON — Frustrated by recent losses on Capitol Hill, American Bankers Association President Rob Nichols said Wednesday that the industry needs to drastically rethink its lobbying strategy.

Sen. Bernie Sanders and former Gov. Martin O’Malley pledged to reinstate the Glass-Steagall Act to separate commercial and investment banking, while former Secretary of State Hillary Clinton said her reform plan was the only one to go after the nonbanks like AIG which caused the crisis.

Sen. Bernie Sanders and former Gov. Martin O’Malley pledged to reinstate the Glass-Steagall Act to separate commercial and investment banking, while former Secretary of State Hillary Clinton said her reform plan was the only one to go after the nonbanks like AIG that caused the crisis.

Several Republican presidential candidates called for a rollback of regulations on Thursday, saying that over-regulation is choking off job growth and the economy.

Several Republican presidential candidates called for a rollback of regulations on Thursday, saying that over-regulation is choking off job growth and the economy.