Victoria Finkle

Rep. Jeb Hensarling, R-Texas, chairman of the House Financial Services Committee, has announced that he will not run for majority leader to replace Rep. Eric Cantor.

The House Financial Services Committee approved a series of bills on Wednesday, including several key changes to the Consumer Financial Protection Bureau and the Financial Stability Oversight Council.

WASHINGTON — House Majority Leader Eric Cantor's stunning defeat in Virginia's Republican primary Tuesday evening could usher in a new political era for the House — one that's likely to leave its imprint on the credit union community and the banking industry.

Majority Leader Eric Cantor's stunning defeat in Virginia's Republican primary Tuesday evening could usher in a new political era for the House — one that's likely to leave its imprint on the banking industry.

Rep. Darrell Issa, R-Calif., chairman of the House Oversight and Government Reform Committee, is requesting additional information from the Federal Deposit Insurance Corporation about its involvement in Operation Choke Point.

The House approved a bill Monday evening to modify the calculation of certain "points and fees" under the Consumer Financial Protection Bureau's qualified mortgage rule.

The House approved a bill Monday evening to modify the calculation of certain "points and fees" under the Consumer Financial Protection Bureau's qualified mortgage rule.

Payday lenders are raising the stakes in their pushback on Operation Choke Point with a lawsuit against banking regulators, alleging that "back-room pressure of banks" to dissolve longstanding relationships with payday shops and others is unfairly harming the industry.

The Senate held two separate hearings on the issue on Wednesday, covering everything from bank ties to universities to trouble with student loan servicers.

The Senate approved a bill Tuesday night that would ease capital standards for insurance companies under the Dodd-Frank Act.

The Senate Banking Committee approved legislation Tuesday to extend the Terrorism Risk Insurance Act, a program due to expire at yearend. It also considered making a legislative fix to the Dodd-Frank Act. Here's what happens next.

The Senate Banking Committee approved a bill Tuesday to reauthorize the Terrorism Risk Insurance Act for seven years.

WASHINGTON — The Senate Banking Committee approved a bill Tuesday to reauthorize the Terrorism Risk Insurance Act for seven years.

Lawmakers are ramping up pressure on the Department of Justice and banking regulators to curtail their efforts under Operation Choke Point, including prepping legislation that would grant institutions a safe harbor in certain circumstances.

Lawmakers are working behind the scenes to spur a potential vote on legislation that would ease capital standards for insurance companies as soon as next week.

A battle over social media about how well the current housing finance system treats African-Americans and other minorities has spurred a critical discussion about racial disparities in the mortgage market.

Mortgages generated the bulk of consumers' complaints.

House Republicans aren't likely to cease their attacks against the Consumer Financial Protection Bureau anytime soon, but they appear to be swapping playbooks.

The Senate confirmed economist Stanley Fischer to the Federal Reserve Board Wednesday afternoon.

The Senate voted to end debate Tuesday evening on the nomination of Stanley Fischer to serve as vice chairman of the Federal Reserve Board.