Victoria Finkle

Dan Berger, the credit union group's executive vice president of government affairs, will succeed Fred Becker as chief executive.

Rep. Luis Gutierrez, the third highest-ranking Democrat on the Financial Services Committee, is taking a leave of absence from the panel to focus on immigration reform.

GOP Sens. Dean Heller and Tom Coburn have been appointed to the Senate Banking Committee in the new Congress.

WASHINGTON — Sen. Michael Crapo, R-Idaho, who is widely expected to serve as ranking member on the Senate Banking Committee in the new Congress, pleaded guilty to a misdemeanor drunken driving charge on Friday.

The former head of the House Financial Services Committee has expressed interest in temporarily filling in for Sen. John Kerry, who has been nominated to become the next U.S. Secretary of State.

Shannon McGahn, who worked with the Financial Services Committee during the Dodd-Frank debate, will run the panel's staff.

Overaggressive growth, reliance on commercial real estate lending and use of brokered deposits were strategies common to banks that failed in the crisis, a government report said Thursday.

The banking industry is expected to benefit marginally from the deal to avert the fiscal cliff, but looming fights over tax reform and the debt ceiling remain.

Lawmakers in 2013 will continue to oversee implementation of the Dodd-Frank reform law and may begin to make inroads on housing finance reform.

Despite a lackluster track record in 2012, the two SuperPACs formed by bankers are vowing to increase their influence before the next election hits.

The FTC released a report that said small banks continue to pull in significant revenue from interchange fees on debit cards despite fears that the Durbin amendment would hurt them as much as larger institutions.

The Senate has passed a bill that would direct the Government Accountability Office to examine the economic benefits large banks receive for being "too big to fail."

The House Democratic Caucus named six incoming freshman members of Congress to serve on the Financial Services Committee next year.

Incoming House Financial Services Committee Chairman Jeb Hensarling, R-Texas, has named his leadership team for the coming term.

Rep. Maxine Waters, who will take over as top Democrat on the House Financial Services Committee next year, is urging the Commodity Futures Trading Commission to delay implementation of certain derivatives rules set to go into effect Jan. 1.

The House is expected to vote as early as late Thursday on a package of spending cuts that would include eliminating the FDIC's ability to wind down big banks and a popular mortgage modification program.

Barney Frank is asking the Justice Department and regulators to start prosecuting more individuals involved in breaking the law at financial institutions.

Sens. Sherrod Brown, D-Ohio, and David Vitter, R-La., are planning to push for legislation authorizing a Government Accountability Office study that would estimate the value of the economic benefits large banks receive for being "too big to fail."

Lawmakers pressed a Consumer Financial Protection Bureau official Wednesday on problems with the credit reporting system raised in a major study released by the agency last week.

Senate Banking Committee Chairman Tim Johnson is pushing for a vote as early as this week on a bill that would allow the Federal Housing Administration to raise its mortgage insurance premiums to help the agency bolster is waning capital reserves.