Dodd-Frank

In a speech in New York City, Sanders vowed to remove the ability of the Federal Reserve to pay interest to banks for their excess reserves, turn the credit rating agencies into nonprofits, allow the U.S. Postal Service to offer bank products, and cap ATM fees and interest rates for loans.

The Financial Stability Oversight Council will face critical tests in 2016, including a lawsuit over its designation of MetLife as a systemically important nonbank and whether it will de-designate GE as a SIFI.

Lawmakers are expected to debate a number of key banking provisions this year, even with the November elections on the horizon.

Some lost their jobs while others made major missteps or faced serious challenges to their business plans. Here are the folks who had a rough 2015 and are looking forward to better times in 2016.

Sen. Richard Shelby, R-Ala., has a limited window to move his regulatory reform legislation next year, after failing to secure passage for the bill as part of the budget fight.

For steering the Winston-Salem, N.C., company through an extended period of industry adversity, while providing a blueprint for large-scale M&A, King has been named American Banker's Banker of the Year for 2015.

WASHINGTON — The House and Senate have approved major spending and tax packages, which are now en route to the White House to be signed into law.

Despite months of intense lobbying, the banking industry failed to secure a number of key reforms in Congress's must-pass spending package, unveiled Tuesday night.

The central bank's "total loss absorbing capacity" proposal must be reworked to ensure that costs of huge failures don't fall on society at large.

Over the past three decades William Cooper has led TCF Financial through two crises and reinvented the bank to keep it profitable. He also sued the Federal Reserve in the aftermath of the financial crisis, for imposing a cap on debit card fees. For his strong leadership in the industry — as well as his candid, off-the-cuff style — American Banker has named him its lifetime achievement honoree.

A modern version of the Depression-era law would not only make banks safer, but it would also reduce compliance costs and erase the need for certain capital mandates.

House Financial Services Committee Chairman Jeb Hensarling said Thursday that odds are slim for major banking reforms to be included in the budget deal now being crafted, but unveiled ambitious plans for the coming year.

The House Financial Services Committee approved a data security bill Tuesday that would require all financial companies to have similar security protections and notification requirements as banks.

The window is rapidly closing for the inclusion of key banking measures in the budget package as lawmakers remain sharply divided over the bill.

Issues with upgrading software and ensuring pricing accuracy to comply with the consumer bureau's "integrated disclosures" have been magnified in wholesale loan transactions.

Attempts to sneak provisions into a final budget deal may be sold as helping community banks, but many of the measures really help big banks and undermine consumer protection.

Sen. Sherrod Brown took to the Senate floor Thursday afternoon to reiterate concerns over the Republican effort to move financial reform legislation through a must-pass spending bill.

Several lawmakers criticized efforts to include controversial banking policy riders in a yearend deal on Wednesday evening.

The sweeping, five-year highway bill may include some key concessions for small financial institutions, but the deal has left many in the industry frustrated. Here's why.

Congress has a packed agenda this December with major budget and transportation bills in the works that may contain key changes for the banking industry.