Victoria Finkle

Sen. Sherrod Brown, a top critic of the country's megabanks, will lead Democrats on the Banking Committee next year.

The House narrowly passed a massive $1.1 trillion spending plan Thursday night, moving the bill to the Senate, where the fight over a Dodd-Frank Act derivatives measure is likely to continue.

The House unanimously approved a measure Wednesday night clarifying the Federal Reserve's ability to set separate capital standards for systemically important insurers.

Senate lawmakers pressed government officials about whether they’re doing enough to protect the financial system from cyberattacks on Wednesday, warning that more must be done next year to help banks defend themselves.

The House approved an extension of the Terrorism Risk Insurance Act on Wednesday by a wide margin, but the financial industry is also poised to win several other possible legislative battles this week.

The battle over the nomination of Antonio Weiss, a relatively unknown investment banker, is less about him and more about the legacy and continuing influence of former Treasury Secretary Robert Rubin.

A civil rights group is asking senators to more closely examine Mickey Barnett's work on payday loan issues before they vote on his reappointment to the U.S. Postal Service board of governors.

The House passed an enhanced bankruptcy bill for large banks earlier this week, teeing up what's likely to be a broader — and more contentious — debate over the issue next year.

The House passed a CU-backed bill Tuesday to study the effects of a Federal Reserve Board rule restricting the number of transactions customers can make with their savings accounts each month.

WASHINGTON — The House passed a bill Tuesday to study the effects of a Federal Reserve Board rule restricting the number of transactions customers can make with their savings accounts each month.

The House approved a bill late Monday that would set up a framework for large failing banks to go through the bankruptcy process.

The Independent Community Bankers of America is urging the House to include in its terrorism risk insurance bill an unrelated amendment requiring community-banking expertise on the Federal Reserve Board.

Republican lawmakers will head the banking committees in both chambers next year – raising the prospects for deals on key legislation – but getting to the negotiating table is still the biggest hurdle for the next Congress.

Senate Democrats hammered William Dudley, president of the Federal Reserve Bank of New York, at a highly anticipated hearing on Friday, demonstrating the growing pressure the central bank is under to take harsher actions against banks and restrict examiners from defecting to institutions after leaving service.

The Federal Reserve announced two separate reviews Thursday to ensure that supervision of the largest banks is being handled correctly.

The House Financial Services Committee has appointed five subcommittee chairs for the next Congress.

A prominent labor group is pressing big banks and investment companies about their payment practices for executives who leave for government service.

Only eleven months after cheering Federal Housing Finance Agency Director Melvin Watt's confirmation, Senate Democrats are fed up with the pace of reforms at the agency.

Sen. Elizabeth Warren, D-Mass., and Rep. Elijah Cummings, D-Md., are pressing more than a dozen financial services companies for information about recent data breaches.

The Department of Justice and the Federal Deposit Insurance Corp. have agreed to launch preliminary investigations into Operation Choke Point.