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The selection of Indiana Gov. Mike Pence as Donald Trump's running mate could clarify the presumptive Republican nominee's banking policy views, adding a policymaker to the ticket who has been outspoken about the Dodd-Frank Act, "too big to fail" and the CFPB.
July 14 -
Santander Bank will pay a $10 million fine for charging illegal overdraft fees and for signing up consumers for overdraft services without their consent, the Consumer Financial Protection Bureau said Thursday.
July 14 -
Congress should abandon the idea of repealing a section of the Dodd-Frank Act that has helped make pricing for payment processing more competitive.
July 14
National Grocers Association -
The debate over Rep. Jeb Hensarling's bill to overhaul the Dodd-Frank Act is increasingly focusing on widely different philosophies about capital regulation.
July 12 -
As policymakers try to calibrate the appropriate level of regulatory oversight still six years after Dodd-Frank, financial institutions large and small must stay engaged in key policy debates.
July 12
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The leading Democrat on the Senate Banking Committee said Tuesday he was "optimistic" about lawmakers' making changes to improve the Dodd-Frank Act next year, while lauding JPMorgan Chase's decision to raise its minimum wage from $10.15 an hour to $12.
July 12 -
While diversity at the federal agencies overall is roughly consistent with the rest of the country, diversity declines sharply among those in senior leadership roles.
July 11
The Greenlining Institute -
WASHINGTON The House approved a spending bill Thursday that would change the structure of the Consumer Financial Protection Bureau and take away the Financial Stability Oversight Council's power to designate nonbanks as systemically important.
July 8 -
Installment lenders are concerned that efforts by the Consumer Financial Protection Bureau to curb the most abusive and predatory practices associated with payday loans will wreak havoc on their business.
July 6
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Federal Reserve Board Gov. Daniel Tarullo acknowledged that capital requirements for smaller banks are too complicated, suggesting they could be retooled to be like earlier Basel Committee standards.
July 6
