Dodd-Frank

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.

As the industry's recovery boosts hopes of new-bank activity, some are already focused on what the greater stability could mean for the embattled industrial loan company charter.

The technology, still in its early development stages, will analyze Home Mortgage Disclosure Act files prior to formal submission to the regulator so lenders can spot and fix errors faster.

The fight over the Dodd-Frank Act's $50 billion threshold will determine whether some banks get a respite from tougher rules, but it may also shape how the industry and lawmakers think about threats to the financial system more broadly.

The sweeping reforms passed in 2010 didn't bring community banks to the brink of extinction. Rather, their numbers have dwindled because of the impact of economies of scale and dormant de novo banking activity.

WASHINGTON — Sen. Mike Crapo, R-Idaho, unveiled legislation Friday that would require the banking agencies to review Dodd-Frank Act rules as part of a mandated process to assess the relevance of financial rules.

Law firms, compliance specialists, lobbyists and even startups are all trying to get a piece of the burgeoning billion-dollar industry aimed at navigating, modifying or complying with the Volcker Rule.

WASHINGTON — The House Financial Services Committee approved nearly a dozen regulatory reform bills for community banks and credit unions on Thursday, though Democrats signaled they remain concerned about efforts to roll back the Dodd-Frank Act and consumer protection measures.

Senate Democrats have now joined the fight over the Financial Stability Oversight Council's designation process, calling for "systemically important" firms to be able to shed the label.

Deron Smithy, executive vice president and treasurer of Regions Financial, said compliance costs across the 20 regional banks that are above the target have jumped by $2 billion, with his bank alone spending roughly $200 million.

WASHINGTON — House Financial Services Committee Chairman Jeb Hensarling, R-Texas, announced a vote for Thursday of 11 bills aimed at lessening regulatory burden on banks by changing aspects of the Dodd-Frank Act and associated regulations.