Dodd-Frank

Community banks are being crushed by burdensome rules and regulations. Policymakers should recognize their plight and scale back Dodd-Frank.

The number of banks has fallen just 18% nationwide in the five years since Dodd-Frank became law, far less than the 40% figure cited by Rubio in Thursday night's debate.

Sen. Marco Rubio, R-Fla., called for dismantling the Dodd-Frank Act Thursday night during the first Republican primary debate.

The costs incurred by the Consumer Financial Protection Bureau in renovating its offices were in line with similar projects taken on by other agencies and not extravagant, according to the agency's inspector general.

The Consumer Financial Protection Bureau has filed a lawsuit in federal court against a web of payday lending companies, alleging that they collected money that consumers did not owe and falsely threatened consumers with lawsuits and imprisonment.

The CFPB's long-term reputation — and perhaps Dodd-Frank's overall success — may well be judged on whether the bureau moves beyond areas where it was specifically instructed to take action and exercises broader authority granted to it by Congress.

While the Federal Deposit Insurance Corp. has not deviated from a 2013 paper outlining a method for unwinding a giant firm, the agency has appeared to fine-tune its approach in significant ways.

WASHINGTON — Republican lawmakers continued their assault Wednesday on a portion of the Dodd-Frank Act that grants the Federal Deposit Insurance Corp. the ability to seize and unwind a failing banking company, arguing that reforming the bankruptcy code is a better way to tackle "too big to fail."

Former Texas Gov. Rick Perry laid out a sweeping financial reform agenda on Wednesday, suggesting he would force the biggest banks to hold even more capital or reinstitute elements of the Glass-Steagall Act.

In a two-day marathon markup, the House Financial Services Committee passed 14 financial reform bills, including measures to broadly restructure the Federal Reserve, block some CFPB rules and limit compensation at the GSEs.