Victoria Finkle

House lawmakers plan to introduce a bill Monday to delay a controversial risk-based capital proposal for credit unions that would require regulators to further study the issue before finalizing the plan.

WASHINGTON — A bipartisan cybersecurity bill backed by the financial industry failed to clear a key procedural hurdle Thursday evening, raising fresh questions about when or if the legislation can advance past the Senate floor this year.

A bipartisan cybersecurity bill backed by the financial industry failed to clear a key procedural hurdle Thursday evening, raising fresh questions about when or if the legislation can advance past the Senate floor this year.

Several House lawmakers joined the call Thursday for a formal grace period for new mortgage disclosures that would go beyond an earlier decision by the Consumer Financial Protection Bureau.

More than a dozen housing groups are urging lawmakers to pass legislation that would grant lenders a formal grace period for implementing new disclosure forms later this summer, arguing that the industry needs greater certainty than the Consumer Financial Protection Bureau has so far provided.

More than a dozen housing groups joined with the credit union trade association to urge lawmakers to pass legislation that would grant lenders a formal grace period for implementing new disclosure forms later this summer, arguing that the industry needs greater certainty than the Consumer Financial Protection Bureau has so far provided.

Both parties have now put their stamps on competing regulatory relief bills, but the success or failure of reform legislation this year still likely rests in the hands of moderate Democrats.

With GOP and Democratic leaders far apart on respective visions for regulatory relief, the spotlight is even brighter on moderate Democrats the GOP may try to win over to support a broad relief package.

Nearly three dozen Senate Democrats are pushing the Consumer Financial Protection Bureau to adopt "the strongest possible" payday lending rules, including a requirement that lenders assess consumers' ability to repay the loan.

The House approved a measure Wednesday that would bar the Department of Justice from using federal funding to apply a controversial legal theory on price discrimination in litigation.

Democrats in the House and Senate have banded together around a regulatory relief bill for community banks, a response to broader reforms proposed by Republicans to roll back parts of the Dodd-Frank Act.

Sen. Elizabeth Warren, D-Mass., sharply criticized Securities and Exchange Commission Chair Mary Jo White on Tuesday, asking for details about the agency's enforcement actions and the implementation of key Dodd-Frank Act rules.

Newly elected Rep. French Hill knows firsthand what it's like to lead a bank through a crisis and implement the sometimes complex rules of Dodd-Frank. That knowledge may prove key as he battles to make regulation simpler for small banks.

Lawmakers on the Senate Banking Committee may still stand divided on regulatory reform, but Thursday's markup points to ongoing desire for a way forward.

Lawmakers on the Senate Banking Committee may still stand divided on regulatory reform, but Thursday's markup points to ongoing desire for a way forward.

WASHINGTON — The Senate Banking Committee approved a broad regulatory reform bill Thursday on party lines, with lawmakers on both sides of the aisle vowing to continue negotiations this summer.

The Senate Banking Committee approved a broad regulatory reform bill Thursday on party lines, with lawmakers on both sides of the aisle vowing to continue negotiations this summer.

Despite strong rhetoric from both sides that legislative action is needed to help community banks, Republicans and Democrats on the Senate Banking Committee remain divided in their approaches ahead of a markup Thursday.

Democrats on the Senate Banking Committee unveiled legislation Tuesday to rival a plan by the panel's GOP chairman, signaling that the partisan divide over regulatory reform isn't likely to soften ahead of a panel markup later this week.

Credit union and banking trade groups sent a joint letter Friday urging members of the Senate Banking Committee to move forward on bipartisan regulatory relief legislation ahead of a markup next week.