Joe Adler

Senate Banking Committee member tells Washington Post he has taken himself out of the running for GOP vice presidential candidate.

Sen. Bob Corker, R-Tenn., a member of the Banking Committee, has reportedly withdrawn as a potential running mate for GOP presidential candidate Donald Trump.

The idea of financial institutions resembling utilities has caught on with some industry observers for reasons other than reducing systemic risk.

Financial industry representatives immediately raised significant questions about Donald Trump's plan to block remittances to Mexico, including the appropriateness of using financial institutions as a tool to carry out immigration policy, as well as how the policy would be executed.

Banking industry representatives immediately raised significant questions about Donald Trump's plan to block remittances to Mexico, including the appropriateness of using financial institutions as a tool to carry out immigration policy, as well as how the policy would be executed.

Banking industry representatives immediately raised significant questions about Donald Trump's plan to block remittances to Mexico, including the appropriateness of using financial institutions as a tool to carry out immigration policy, as well as how the policy would be executed.

CU lobby emphasizes movement's commitment to keeping people in their homes but expresses concern about setting a 'dangerous precedent' with principal cuts.

The agency may finally be reaching resolution on whether Fannie Mae and Freddie Mac will allow principal reductions, two years into Director Mel Watt's tenure as agency director and nearly a decade after the mortgage bubble burst.

WASHINGTON — The Federal Reserve Board released an interim rule Thursday implementing a congressionally mandated reduction in the Fed dividend for banks with over $10 billion in assets.

As fintech pitches itself as the future of consumer financial services to bankers, regulators, legislative staffers and journalists, it's not enough to claim that innovations are better. We nontechies want an explanation why, in layman's terms.

The industry deserves credit for rebuilding the Deposit Insurance Fund after the crisis, but victory is far from achieved in preparing agency reserves for the next crisis.

The regulators' annual Shared National Credits review found nearly 10% of large, syndicated credits demonstrated some form of weakness, most of which were leveraged loans. But renewed concerns about energy loans also cropped up.

The government's spotlight on servicing problems means companies should be taking steps now in the face of regulators' current enforcement authority and the potential of coming rules.

The government's spotlight on servicing problems means companies should be taking steps now in the face of regulators' current enforcement authority and the potential of coming rules.

Banks say the Consumer Financial Protection Bureau plan to ban arbitration clauses for individual claims will aid trial lawyers, while consumer advocates say the move is overdue and may not go far enough.

A tiny South Carolina bank has learned the hard lesson of countless failed Silicon Valley startups: when you swing for the fences on a transformative new technology, sometimes you strike out.

The Consumer Financial Protection Bureau’s impending proposal, to be reviewed by a small business advisory panel, would block companies from using arbitration clauses to avoid class actions but allow them for individuals.

It may not be an outright ban on arbitration clauses, but the Consumer Financial Protection Bureau’s impending proposal to enable more class-action lawsuits comes close.

The Consumer Financial Protection Bureau's impending proposal, to be reviewed by a small business advisory panel, would block companies from using arbitration clauses to avoid class actions but allow them for individuals.

Compared with other recent breaches, the theft of 6,400 user email addresses and passwords on the American Bankers Association's website might seem like small potatoes. But experts said the attack — the first in the association's history — was still significant and could have implications for banks.