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The industry's campaign to alter or repeal a Dodd-Frank provision limiting interchange fees on debit cards has gained unexpected momentum.
By Stacy KaperFebruary 25 -
The industry's campaign to alter or repeal a Dodd-Frank provision limiting interchange fees on debit cards has gained unexpected momentum.
By Stacy KaperFebruary 25 -
Warren plans to make CFPB's new digs in OTS headquarters more consumer-friendly; former Ways and Means Committee Chairman Thomas praises Frank, digs at Dodd; and more.
February 21 -
Senate Banking Committee members raised a host of concerns Thursday about the state of the financial services industry as regulators grapple with a mountain of new rules mandated by the Dodd-Frank Act.
By Stacy KaperFebruary 17 -
Nearly seven months after passing a bill that included a measure to limit interchange fees on debit cards, lawmakers on Thursday were expressing buyer's remorse.
By Donna BorakFebruary 17 -
Of all the things missing from a House Financial Services Committee hearing on the inconclusive Financial Crisis Inquiry Commission report on the causes of the financial meltdown, the most obvious was any sense of irony.
By Stacy KaperFebruary 16 -
JPMorgan Chase, in response to embarrassing revelations that it failed to enforce a law protecting military members from foreclosure and high-cost credit, announced several changes ...
By Stacy KaperFebruary 15 -
WASHINGTON — Republicans and Democrats sparred Tuesday over the economic impact of derivatives regulations as the House prepared for a broader fight over the budgets of agencies tasked with writing and enforcing the new rules.
By Stacy KaperFebruary 15 -
JPMorgan Chase, in response to embarrassing revelations that it failed to enforce a law protecting military members from foreclosure and high-cost credit, announced several changes ...
By Stacy KaperFebruary 15 -
As Congress continues to haggle over the current fiscal year's budget, the president's proposal is more a marker of the administration's priorities than it is a blueprint of what's in store.
By Stacy KaperFebruary 14 -
Chris Dodd is in talks to lead film industry lobby group; Barney Frank rebuts an FCIC report that claims the Massachusetts congressman supported failed housing policies; and more.
By Stacy KaperFebruary 11 -
Two federal regulators on Friday announced fines against the Zions First National Bank unit of Zions Bancorp., citing problems with its anti-money-laundering program.
By Stacy KaperFebruary 11 -
Two federal regulators on Friday announced fines against the Zions First National Bank unit of Zions Bancorp., citing problems with its anti-money-laundering program.
By Stacy KaperFebruary 11 -
Darrell Issa, chairman of the House Oversight and Government Reform Committee, has released a report labeling several regulations in the Dodd-Frank Act as costly and burdensome.
By Stacy KaperFebruary 10 -
JPMorgan Chase acknowledged it had failed to properly enforce laws that protect military personnel from foreclosure, but its defense suggested the problem could be prevalent throughout the banking sector.
By Stacy KaperFebruary 9 -
Some lawmakers, industry insiders and consumer advocates say a legislative role is needed to ensure rules are binding and combine various state and federal policies.
By Stacy KaperFebruary 4 -
WASHINGTON — As regulators struggle to find consensus on servicing rules, a growing number of voices want Congress to help settle the debate.
By Stacy KaperFebruary 4 -
The House Financial Services Committee on Wednesday announced the capital markets subcommittee will hold a hearing Feb. 9 on reforming the government-sponsored enterprises.
By Stacy KaperFebruary 2 -
WASHINGTON — With the administration's loan modification program as unpopular as ever, lawmakers on Tuesday discussed involving bankruptcy judges in foreclosure mediation efforts.
By Stacy KaperFebruary 1 -
House Financial Services Committee Chairman Spencer Bachus continued criticism Monday of the administration's delay in offering reforms for the government-sponsored enterprises.
By Stacy KaperJanuary 31