Victoria Finkle

Political support for ending "too big to fail" is growing, several prominent observers — including Sen. Sherrod Brown and former FDIC Chairman Sheila Bair — said at an event on Tuesday.

Sen. Elizabeth Warren reportedly closed on a two-bedroom, two-bath condo in Washington's Penn Quarter neighborhood last month.

Sen. Bob Corker, R-Tenn., said recent profits at Fannie Mae and Freddie Mac should go toward helping build a new mortgage finance system.

Sens. Brown and Vitter said Thursday that they plan to introduce joint legislation addressing "too big to fail."

The Senate Banking Committee held another hearing on FHA's capital shortfall Thursday, debating whether to focus on stabilizing the agency's finances or pushing for more substantive changes.

The Senate confirmed White House Chief of Staff Jack Lew to be the next Tresaury Secretary by a vote of 71-26 on Wednesday night.

Rep. Maxine Waters, the top Democrat on the House banking panel, signaled her support for two key credit union bills to expand business lending and access supplemental capital.

Sen. Elizabeth Warren defended the CFPB during a speech on Wednesday, imploring credit unions to lend their support for the agency's director Richard Cordray ahead of a contentious confirmation battle.

House Financial Services Chairman Jeb Hensarling continued criticism of the Dodd-Frank law and the CFPB during remarks at a credit union conference on Tuesday.

Sen. Bob Corker released a statement downplaying an earlier report that suggested the lawmaker is "angling to broker a compromise" with President Obama over the confirmation of Richard Cordray as director of the Consumer Financial Protection Bureau.

The Bipartisan Policy Center has released a proposal that calls for a catastrophic government guarantee to backstop mortgages, similar to an idea first floated by the Treasury Department two years ago.

Observers say it's unlikely Congress will be able to strike a deal to stop across-the-board budget cuts from going into effect next week, raising concerns for bankers and regulators alike.

Rep. Maxine Waters has asked regulators for additional information regarding the work some consultants did as part of the troubled independent foreclosure review process.

In her first extensive interview since becoming the lead Democrat on the House banking panel, Rep. Maxine Waters says she has learned a lot from watching former Rep. Barney Frank's leadership and will strive to emulate his example.

Senate Banking Committee members took turns Thursday questioning several top financial regulators on the implementation of Dodd-Frank, but freshman Sen. Elizabeth Warren turned up the heat on the lack of bank prosecutions.

Republican lawmakers sharply questioned Treasury Secretary nominee Jack Lew on Wednesday, asking him to detail his role at Citigroup in the lead-up to the financial crisis and his views on a range of banking issues.

Lawmakers were sharply divided on President Obama's brief remarks regarding the housing market during his State of the Union address Tuesday night.

Republicans continue to call for the CFPB to adopt a five-person board instead of having a single director, but similar calls are almost never heard regarding the OCC.

Sen. Tim Johnson, chairman of the Senate Banking Committee, laid out his plans for the 113th Congress, including opening the door to changes of Dodd-Frank if there is a bipartisan consensus.

House Financial Services Committee Chairman Jeb Hensarling appeared on CNBC's "Squawk Box" Tuesday morning to discuss the FHA's fiscal woes.