Victoria Finkle

Senate Democrats' decision to invoke the "nuclear option" has shifted the composition of a powerful federal appeals court, a move that could bolster the banking agencies against future industry challenges to the Dodd-Frank Act.

Reps. Jeb Hensarling, R-Texas, chairman of the House Financial Services Committee, and Scott Garrett, R-N.J., are warning that the Securities and Exchange Commission failed to conduct an economic analysis of the Volcker Rule, violating federal law.

Sens. Joe Manchin, D-W.Va., and Roger Wicker, R-Miss., introduced legislation Monday to address concerns about how collateralized debt obligations backed by trust-preferred securities are treated under the Volcker Rule.

A group of Republican senators introduced a bill Thursday evening to address concerns about treatment under the Volcker Rule of collateralized debt obligations backed by trust-preferred securities.

Sen. Mark Warner, D-Va., introduced legislation Thursday that would require banks to provide greater transparency around prepaid card fees.

Members of the Senate Banking Committee and others are raising concerns about the credibility of a pending watchdog report analyzing whether some banks are still "too big to fail," suggesting some experts it relies on may be too closely tied to Wall Street.

A group of lawmakers is stepping up pressure on regulators to adopt a narrow exemption for small banks under the Volcker Rule to address concerns over the treatment of collateralized debt obligations backed by trust-preferred securities.

Lawmakers are gearing up to intervene if regulators fail to resolve ongoing concerns about the treatment of collateralized debt obligations backed by trust-preferred securities under the Volcker Rule.

The Senate Banking Committee is moving forward with a plan to overhaul the housing finance system, but leaders still face a delicate balancing act in swaying some liberal members of the panel to sign on to the bipartisan effort without losing conservative supporters.

House leaders are unlikely to take up housing finance reform on the chamber floor this month, according to a new legislative schedule.

WASHINGTON -- The new year is less than a week old, but lawmakers are already rapidly running out of time if they want to forge ahead on key initiatives such as housing finance reform in 2014.

Lawmakers are expected to forge ahead on several key initiatives in the New Year, including housing finance reform -- but must move quickly in the early part of 2014 before legislative action grinds to a halt ahead of the mid-term elections in November.

Massachusetts' freshman senator, one year in.

According to many, 2013 was meant to be the year that policymakers made technical corrections to the Dodd-Frank Act. But that didn't happen — and may not occur in 2014 either. Here's why.

The Senate voted 59-34 Friday to end debate on the nomination of Janet Yellen to head the Federal Reserve.

A bipartisan group of lawmakers is urging regulators to reconsider a provision in the recently finalized Volcker rule that they warn could harm community banks that own trust-preferred securities.

A group of Democratic senators introduced legislation Tuesday that would prohibit employers from requiring applicants to disclose their credit history as part of the hiring process.

Senate Banking Committee leaders reiterated their optimism Wednesday for forging a bipartisan housing finance reform plan, but offered little additional detail on when legislation will emerge.

The Senate confirmed Rep. Mel Watt Tuesday evening to lead the Federal Housing Finance Agency, thanks to a historic filibuster rule change launched by Democrats late last month.

Rep. Mel Watt cleared a procedural hurdle in the Senate Tuesday toward becoming the next director of the Federal Housing Finance Agency, with a final confirmation vote to come as early as this afternoon.