Victoria Finkle

Sen. Mike Crapo, R-Idaho, is urging the Federal Reserve Board to issue guidance about the transition time for institutions to comply with the new swaps push-out rule.

Sen. Mike Crapo, the top Republican on the Senate Banking Committee, is striking a new pose this week, announcing that he joined Instagram, an online social media service for sharing photos.

Members of the House Financial Services Committee are pressing the Consumer Financial Protection Bureau for details about its investigation into discriminatory auto lending.

The threat of cyberattack is an increasingly hot topic in Washington, but political interest alone appears unlikely to provide enough momentum to get cybersecurity legislation supported by banks passed this year.

A bipartisan group of senators led by Sen. Bob Corker, R-Tenn., is drafting legislation designed to reform the housing finance system, including a plan to wind down the government-sponsored enterprises.

Assistant Attorney General Mythili Raman acknowledges "complexities" in investigating bigger banks but tells a House panel that they "do not equal immunity" from criminal action.

Lawmakers on the House Financial Services Committee grilled Treasury Secretary Jacob Lew on Wednesday over various policy issues, including the Volcker rule, mortgage finance reform and the Internal Revenue Service scandal.

The House passed a controversial bill on Friday requiring the Securities and Exchange Commission to conduct additional economic analysis on its rules.

Rep. Mel Watt drew a lot of attention Wednesday when he questioned Attorney General Eric Holder at a House Judiciary Committee hearing with his grandson Nico in his lap.

Senate Majority Leader Harry Reid is bringing the battle over the Consumer Financial Protection Bureau back to the forefront next week with a long-awaited confirmation vote on Richard Cordray, the agency's director.

Lawmakers in both chambers are working to pass a major farm bill that will determine agricultural policy for the next five years, legislation that could have implications for rural lenders.

Attorney General Eric Holder tried on Wednesday to walk back earlier comments that some financial institutions are "too big to jail" during a House Judiciary Committee hearing.

Senate Majority Leader Harry Reid confirmed Wednesday that the chamber will hold a vote to confirm Richard Cordray as director of the Consumer Financial Protection Bureau sometime next week.

Sen. Elizabeth Warren renewed her inquiry Tuesday into whether government officials have conducted any analysis into the trade-offs of settling an enforcement action without requiring an admission of guilt versus going to trial.

Sen. Mike Crapo, the top GOP lawmaker on the Senate Banking Committee, is requesting more information about the Consumer Financial Protection Bureau’s data collection practices.

Sen. Elizabeth Warren, D-Mass., introduced a bill Wednesday that would temporarily allow students eligible for federally subsidized Stafford loans to borrow at the same interest rate that the largest institutions receive through the Federal Reserve discount window.

The House banking panel is scheduled to consider a host of derivatives bills next week, a debate that could spur momentum in the charge to amend some of the Dodd-Frank law's provisions.

A Congressional Budget Office report commissioned by Democrats concludes that principal reductions in modifications of loans backed by Fannie Mae and Freddie Mac would achieve more success if eligibility of the Home Affordable Modification Program were widened.

Rep. Mel Watt will likely face an uphill to win confirmation as director of the Federal Housing Finance Agency, but nominating him has other advantages in the debate over long term mortgage policy.

The debate over "too big to fail" has attracted unprecedented attention in the last few months from prominent lawmakers, regulators and pundits, but both Sen. Tim Johnson and Rep. Jeb Hensarling, two key players, remain on the sidelines.