Victoria Finkle

The Senate passed budget amendments over the weekend to break up the big banks and restrict the use of certain fee hikes at Fannie Mae and Freddie Mac to reduce government spending.

The Senate is expected to pass two budget amendments Friday designed to break up the big banks and prohibit the use of certain fee hikes at Fannie Mae and Freddie Mac to reduce government spending.

Sen. Tim Johnson, chairman of the Senate Banking Committee, has said he will announce a decision about whether to run for office again by the end of the month.

A Rasmussen Reports survey has found that 50% of U.S. adults would favor a plan to break up the largest banks.

Sens. Sherrod Brown, D-Ohio, and Jerry Moran, R-Kan., introduced a bill Thursday that would exempt financial institutions from having to send annual private notices if the disclosures haven’t changed from the year before.

Reps. Maxine Waters, Carolyn Maloney and 44 other lawmakers introduced a bill Wednesday to address numerous concerns about overdraft fees.

The House Agriculture Committee passed a bill by unanimous voice vote on Wednesday to address ongoing concerns with the implementation of certain derivatives rules under the Dodd-Frank reform law.

Members of the House Financial Services Committee raised concerns Wednesday about the current business environment for small banks, pressing regulators about the lack of bank charters in recent years and the effect of new rules on the industry.

Several housing groups are urging lawmakers to stop using certain fee increases at government-sponsored enterprises Fannie Mae and Freddie Mac to offset unrelated spending.

The Senate Banking Committee continued to debate possible housing finance reform strategies at a hearing on Tuesday, including what kind of leadership is needed at FHFA.

Mary Jo White, Obama's nominee to head the SEC, received near-unanimous support from the Senate Banking Committee during a vote Tuesday morning, while backing for Richard Cordray, director of the CFPB, was split as expected along party lines.

Rep. Mel Watt is said to be on the shortlist to serve as director of the Federal Housing Finance Agency, but it remains to be seen if he or any nominee can survive the Senate confirmation process.

Arguably the most important point of a Senate hearing investigating JPMorgan's Whale trades was the picture that emerged of a bank that didn't understand its risks and a regulator that couldn't keep up either.

The Senate Permanent Subcommittee on Investigations' probe into the JPMorgan Chase "London Whale" trading debacle provides a harsh critique of bank misbehavior, but also raises critical questions about the regulators trained to police it.

A bipartisan group of lawmakers on the House Financial Services Committee and the House Agriculture Committee is drafting a bill to address ongoing concerns with a series of cross-border swaps provisions.

Rep. Randy Neugebauer, a senior member on the House Financial Services Committee, discusses his priorities for FHA reform, despite ongoing partisan bickering.

The Permanent Subcommittee on Investigations' hearing into the "London Whale" mess at JPMorgan Chase will include a number of bank and OCC officials. Notably absent will be JPM CEO Jaime Dimon.

The House Financial Services Committee is circulating a biting "Get Out of Jail Free" card following comments by Attorney General Eric Holder that confirmed a bank's size plays a role in deciding whether to prosecute certain crimes.

Sen. Bob Corker raised concerns Tuesday about whether the Financial Stability Oversight Council could unwind a healthy bank solely due to concerns about whether the institution is "too big to fail."

The House passed a bill by voice vote Tuesday evening that would allow banks to opt out from sending unchanged annual privacy notices to customers, a measure the chamber previously passed during the lame duck session last year.