Dodd-Frank

WASHINGTON — House lawmakers clashed this week over a bill making changes to the Consumer Financial Protection Bureau that would cap the agency's budget in coming years.

Seven years after declaring a truce in a battle with large banks over tracking their insured deposits, the Federal Deposit Insurance Corp. reopened the fight Tuesday with a new proposal that would take an even tougher stance.

Rep. Patrick McHenry said Democrats' resistance to passing certain regulatory relief measures is due to a leftward shift.

Former Fed Chair Paul Volcker became the latest in a long line of policymakers to outline how they would choose to restructure the financial regulatory system in an effort to make it more efficient, saying "now is the time" to correct the Dodd-Frank Act's failure to simplify the system. Following are selected attempts and what they proposed.

Former Federal Reserve Board Chairman Paul Volcker said his proposal fixes a "lapse" in Dodd-Frank, but some observers are split over its significance.

Former Federal Reserve Board Chairman Paul Volcker proposed a massive shake-up of the U.S. financial regulatory system on Monday that would consolidate oversight into three super regulators.

Hillary Clinton said Friday she had tapped Gary Gensler, the former chairman of the Commodity Futures Trading Commission, as the chief financial officer of her 2016 presidential campaign, a move that will likely bolster her credibility as a hawk on Wall Street regulation.

Despite a strong industry push, a bill to amend the Consumer Financial Protection Bureau's "qualified mortgage" rule is facing an uphill battle to enactment this year.

Some industry observers argue that bank consolidation is driven by economies of scale rather than by the regulatory burdens imposed under Dodd-Frank. But the two factors actually go hand in hand.

The House approved eight regulatory relief bills Tuesday evening, including two controversial measures opposed by a number of Democratic lawmakers and the White House.

WASHINGTON — The Senate Banking Committee announced Wednesday that it has scheduled a vote for highly anticipated regulatory relief legislation on May 14.

Sen. Elizabeth Warren isn't running for president, but her financial reform proposals are designed to help shape the 2016 race, including Hillary Clinton's positions.

Sen. Elizabeth Warren, D-Mass., delivered a sweeping speech Wednesday aimed at what she's calling "the unfinished business of financial reform."

The Banking Committee is working to craft a bipartisan deal on regulatory relief, but if those efforts stall it's possible banking provisions could pop up again as part of key spending and fiscal measures later this year.

General Electric's decision to sell most of its financial assets marks the most prominent victory in regulators' quest to incentivize breakups of large conglomerates. But it may turn out to be a one-off event.

WASHINGTON — The House is slated to vote on a host of regulatory relief bills next week when Congress returns from its spring break.

Leaders on the Senate Banking Committee are still trying to move forward on a regulatory relief deal, but negotiations will slip beyond an earlier goal to hold a vote by the middle of April.

Congress should take the interests of small and midsize mortgage lenders into account as it weighs regulatory reform for community banks. Exempting smaller lenders from random CFPB audits would be a good start.

Enactment of the Durbin amendment in the Dodd-Frank Act was just the start of a fight over implementing debit interchange rules. Retailers ultimately lost their legal effort to toughen the Federal Reserve's swipe fee cap, but they are now arguing that issuers offering Apple Pay service are skirting the Fed's regulation. Here's a look back at how the battle has played out.

Merchants are making a new argument in their years-long battle with banks over swipe fees, saying Apple Pay has locked them out of additional routing options mandated by Dodd-Frank.