Joe Adler

WASHINGTON – While several critical regulatory reform issues remained in limbo late Wednesday, House and Senate conferees agreed to several key provisions, including one allowing banks to pay interest on business checking accounts.

As House members debated the financial regulatory package, Republicans Judy Biggert and Darrell Issa surprisingly won adoption of an amendment Wednesday that would require the Federal Deposit Insurance Corp.'s inspector general to investigate whether political pressure played a role in securing private-sector assistance for troubled institutions.

The Federal Deposit Insurance Corp. said Tuesday it would delay raising premiums until the economic outlook gets clearer and Congress finalizes changes to the system as part of regulatory reform.

Federal Deposit Insurance Corp. Sheila Bair warned Friday against indefinite government control of Fannie Mae and Freddie Mac.

Sen. Dodd channels Satre during reg reform conference; Britain finally trumps us on separation of powers; Classic cars listed among damages Feds might collect from Farkas.

The government announced a massive indictment Wednesday against the former head of Taylor, Bean & Whitaker, alleging a widespread fraud of nearly $2 billion that, officials said, helped trigger the biggest bank failure of 2009.

WASHINGTON — Lawmakers unexpectedly added an overhaul of the deposit insurance system to the final regulatory reform legislation on Tuesday, adding sweeping provisions that were not part of either the House or Senate revamp bills.

A fight is brewing over which agency should replace the soon-to-be-eliminated Office of Thrift Supervision on the board of the Federal Deposit Insurance Corp. While the House regulatory reform bill would give that seat to the Federal Reserve Board, the Senate's version would assign it to the proposed consumer protection bureau.

A fight is brewing over which agency should replace the soon-to-be-eliminated Office of Thrift Supervision on the board of the Federal Deposit Insurance Corp. While the House regulatory reform bill would give that seat to the Federal Reserve Board, the Senate's version would assign it to the proposed consumer protection bureau.

WASHINGTON — Industry groups continued their full-court press Wednesday to keep an interchange provision out of the final regulatory reform bill, but whether they could succeed was an open question.

Legislation to retroactively extend deposit insurance coverage of $250,000 per account at all banks that failed in 2008 is gaining ground, and could even be folded into the financial reform bill.

WASHINGTON — Federal Deposit Insurance Corp. Chairman Sheila Bair called on policymakers to review decades of housing policy that pushed homeownership to "unsustainable" levels while providing far fewer resources for rental housing.

Sen. Richard Durbin's interchange amendment specifies that the Federal Reserve Board would draw up regulations limiting debit fees, but many observers agree the new consumer protection regulator — not the Fed — could end up with the ultimate authority over the rules.

Five more banks failed Friday — including the subsidiaries of Bank of Florida Corp. — costing the government an additional $317 million.

Five more banks failed Friday – including the subsidiaries of Bank of Florida Corp. – costing the government an additional $317 million.

State regulators Friday closed the three institutions owned by $1.5 billion-asset Bank of Florida Corp. in Naples.

WASHINGTON — Even if lawmakers sign off as expected on a final regulatory reform bill before the July 4 recess, the battle over the legislation will just be a prologue to the longer and much more complicated fight over how the legislation will be implemented.

WASHINGTON — Even if lawmakers sign off as expected on a final regulatory reform bill before the July 4 recess, the battle over the legislation will just be a prologue to the longer and much more complicated fight over how the legislation will be implemented.

The Federal Deposit Insurance Corp. and a Chinese regulator agreed to conduct better coordination in their resolution functions following the November failure of a bank with operations in China.

WASHINGTON — Though some lawmakers had hoped to address a permanent increase in the deposit insurance limit in the regulatory reform bill, it now appears likely that the issue will once again be kicked down the road.