Victoria Finkle

After 33 years as a lobbyist for the American Bankers Association, Peter Blocklin is retiring from the trade group. He plans to open a small consulting firm called Rotunda Strategies.

Reps. Barney Frank and Mike Capuano have introduced a new bill to combine the Securities and Exchange Commission and the Commodity Futures Trading Commission, calling the existence of the two separate agencies a "structural defect."

The incoming and outgoing chairmen of the House Financial Services Committee — Reps. Jeb Hensarling and Spencer Bachus, respectively — are urging banking regulators to delay implementation of the Volcker Rule until 2015.

Industry groups and consumer advocates have joined forces to urge lawmakers to extend the Mortgage Forgiveness Debt Relief Act, warning that expiration of the 2007 law could hamper the housing recovery.

The House Republican Conference elected the Texas lawmaker as the next chairman of the House Financial Services Committee on Wednesday.

The House Republican Steering Committee officially recommended the Texas lawmaker for chairman of the House Financial Services Committee on Tuesday.

West Virginia lawmaker Shelley Moore Capito may step up her activity on the House banking panel this coming term, as she makes a run for Sen. Jay Rockefeller's seat in 2014.

Banking associations are mounting another push to keep the Senate from voting on a bill to raise the cap on credit union business lending.

SEC Chairman Mary Schapiro is leaving the agency, after helping turn around its tarnished reputation in the wake of the financial crisis.

Securities and Exchange Commission Chairman Mary Schapiro said Monday that she is stepping down as the agency's head.

After a relative lull the past two years, the Senate Banking Committee may be poised to advance a corrections bill to the Dodd-Frank reform law next year, and begin work on other issues like mortgage finance reform.

A bill that would exempt homeowners from having to pay taxes on principal reductions and other forms of debt cancellation will expire at the end of the year if Congress doesn't pass an extension.

House Republicans issued a report Thursday that blames the failure of brokerage firm MF Global on former Sen. Jon Corzine's leadership of the firm, adding that a lack of coordination among regulators also played a role.

Liberal blog Daily Kos has collected more than 63,000 signatures for an online petition asking Senate leadership to put Elizabeth Warren on the banking committee.

Raj Date, CFPB's second in command, said he will leave the agency after it finishes writing a number of mortgage rules required under the Dodd-Frank reform law.

There's going to be significant overturn on the House Financial Services Committee next year, thanks to a number of retirements and several lost races.

The Illinois Republican lost her seat to former Rep. Bill Foster on Tuesday night, opening up a chairman spot on the insurance, housing and community opportunity subcommittee.

Elizabeth Warren, the CFPB architect and frequent bank critic, was elected late Tuesday to the Senate, much to the dismay of the financial services industry.

The outspoken Texas lawmaker is widely expected to take the top slot on the banking panel, pursuing an agenda to revamp Dodd-Frank and privatize Fannie Mae and Freddie Mac.

Parkmobile USA, a company that accepts mobile payments for parking charges, is facing a backlash after blaming its fee increase on a recent cap to debit card interchange rates.