Victoria Finkle

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.

Ranking members named by the GOP to the Senate Banking Committee's subcommittees include Sen. Mike Johanns of Nebraska and Sen. Patrick Toomey of Pennsylvania.

House Republicans are expected to once again push for repeal of the FDIC's orderly liquidation authority outlined in the Dodd-Frank law as they fight over President Obama's budget.

President Obama has nominated Sally Jewell, head of outdoor company REI and a former banker, to be Secretary of the Interior.

WASHINGTON — The Senate Banking Committee has scheduled its first hearing of the year with a number of top banking regulators to discuss implementation of the Dodd-Frank reform law and other issues.

Democratic Sens. Robert Menendez of New Jersey and Barbara Boxer of California have reintroduced a bill that Democrats argue would help millions of borrowers refinance their mortgages.

WASHINGTON — The Senate Banking Committee has named its subcommittee leaders for the coming term.

The House Financial Services Committee held its first full hearing of the year on Wednesday, with lawmakers divided on the future of the Federal Housing Administration.

Rep. Maxine Waters, the top Democrat on the House banking panel, is asking Rep. Jeb Hensarling, the committee's chairman, to hold a hearing with regulators on the $8.5 billion mortgage servicer settlement announced last month that ended the troubled independent foreclosure review.

The House Financial Services Committee held a dinner meeting Monday night at an Italian restaurant in Washington, D.C.

WASHINGTON — GOP Sens. Bob Corker of Tennessee and David Vitter of Louisiana have introduced legislation that would require the Federal Reserve to focus on price stability to keep inflation low as its top priority.