Joe Adler

Former Federal Reserve Board Chairman Ben Bernanke reportedly made more in his first post-Fed speech than he did in his entire last year running the central bank.

Rep. Jared Polis, D-Colo., has launched a hilarious stunt to urge federal regulators to ban U.S. dollars, following a more serious plea by Sen. Joe Manchin, D-W.Va., to prohibit Bitcoin.

Once again, the Office of Management and Budget's estimates of Federal Deposit Insurance Corp. costs are out of step with the FDIC's own projections, and appear out of step with reality.

Charles Taylor, a senior official at the Office of the Comptroller of the Currency, said certain highly complex branches of foreign-owned institutions are being subjected to aspects of the agency's "heightened expectations" program.

The Office of the Comptroller of the Currency shuttered the $130 million-asset Millennium Bank in Sterling, Va., while Pennsylvania state regulators closed the $63 million-asset Vantage Bank in Horsham, Pa.

Comedy Central's fake-news host jokes that embattled exchanges like Mt. Gox should "institutionalize" their mishaps like the big banks do.

The three-year statute of limitations from when bank failures peaked has already passed, and yet filings of Federal Deposit Insurance Corp. suits against former officers and directors continue to grow.

The Federal Deposit Insurance Corp.'s fourth-quarter report on industry health showed continued challenges to growth, but the second straight increase in net interest margins is a promising sign for the future.

WASHINGTON -- Banks and thrifts earned $40.3 billion in the fourth quarter -- a nearly 17% rise from a year earlier -- largely due once again to reduced loan loss provisions, the Federal Deposit Insurance Corp. said Wednesday.

Federal Deposit Insurance Corp. Vice Chairman Thomas Hoenig said governments should require "subsidiarization," a step that would have significant implications for how the FDIC unwinds failed giants.

Bankers, industry representatives and other experts largely praise the FDIC's plan to unwind troubled behemoths, but suggest a host of issues that the agency needs to address before it can ensure the end of "too big to fail."

WASHINGTON -- The Federal Deposit Insurance Corp. is allowing the public an extra month to weigh in on the agency's strategic plan for unwinding failed behemoths.

The new cybersecurity framework issued under a White House executive order lacks congressional mandate and tracks rules banks already follow, but some experts believe the new document could be a standard used in data breach litigation and future regulatory changes.

The framework issued by the National Institute of Standards and Technology offers "a consensus description" for effective cybersecurity risk management.

The payment system is unexpectedly the center of attention in the financial services policy world after spending years being overshadowed by the financial crisis and other pressing issues.

WASHINGTON -- The payment system is unexpectedly the center of attention in the financial services policy world after spending years being overshadowed by the financial crisis and other pressing issues.

The payment system is unexpectedly the center of attention in the financial services policy world after spending years being overshadowed by the financial crisis and other pressing issues.

Sen. Elizabeth Warren, D-Mass., said a financial services model for the U.S. Postal Service -- proposed in a recent inspector general's report -- should be considered in light of high costs facing the underserved.

WASHINGTON -- When he is not getting grilled by lawmakers, speaking at conferences or crafting sweeping rules for the financial services industry, ever wonder what Richard Cordray does in his spare time?

Consumer Financial Protection Bureau Director Richard Cordray is taking time away from his regulatory duties for the game show's special tournament featuring past champions.