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Former Massachusetts Senator Barney Frank unsurprisingly defended the financial reform law, yet also indicated he disagreed with regulators on implementation of some elements and a push by Sen. Elizabeth Warren to restore Depression-era rules separating banking from other industries.
July 23 -
CEO Joe Ficalora says the thrift has ways it can buy time to announce a transformative acquisition or benefit from a change in the definition of what it requires to be a systemically important institution. With OneWest off the table, industry observers wonder if the thrift can find the deal its been looking for.
July 23 -
A highly anticipated government report due to be released July 31 is expected to say big banks received less of a subsidy from the perception that they are "too big to fail." But it remains uncertain whether that would continue to be true in a future crisis or if market conditions change.
July 22 -
Top lawmakers on the House Financial Services Committee debated the value of the Dodd-Frank Act in dueling reports on Monday, commemorating the financial reform law's fourth anniversary.
July 21 -
As the Dodd-Frank law turns four years old, policymakers appear increasingly willing to revisit a key requirement that says banks with $50 billion of assets are systemically risky.
July 21 -
Dodd-Frank encourages the pursuit of financial stability at the expense of economic growth. Congress can fix the problem by amending the law so that regulators are required to balance both goals, writes Paul H. Kupiec of the American Enterprise Institute.
July 21
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Decisions about how to apply U.S. swaps trading rules abroad should be based less on fears of risk to the financial system and more on considerations of market integrity, according to attorney Timothy Karpoff.
July 21
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The financial services industry and others are seeking better metrics for analyzing the economic impact of the regulatory reform law, with some saying it is hampering the recovery and having other unintended effects.
July 18 -
A Senate Banking Committee hearing looked at whether some regional banks that meet the Dodd-Frank Act's "systemically important" threshold belong in the same group as global giants.
July 16 -
Federal Reserve Board Chair Janet Yellen on Wednesday defended the credibility of living will plans submitted by the country's largest banks, saying it was a complex but useful process.
July 16 -
Even activities permitted under the Volcker Rule may not be worth the legal and compliance costs for small and midsize banks, according to three attorneys at Bass, Berry & Sims.
July 16
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Although the landmark bill bearing his name stopped short of consolidating the regulators, former Sen. Christopher Dodd said creating a single prudential agency could be revived one day.
July 15 -
WASHINGTON A new analysis by the American Action Forum examines the cumulative costs and paperwork burdens of the Dodd-Frank Act roughly four years after the financial reform law's passage.
July 15 -
The Fed Chair tells lawmakers she's "very positive on the idea of having a community banker appointed to the Board," but against requiring it by legislation.
July 15 -
For months, the Consumer Financial Protection Bureau floated a contract giving it control over the content of bank customers' complaints submitted online to the agency. It scrapped the plan after industry objections.
July 14 -
Rep. Maxine Waters, D-Calif., is warning that a key House appropriations bill risks undercutting regulators' ability to oversee the financial system.
July 9 -
WASHINGTON The Office of the Comptroller of the Currency on Wednesday issued a final rule increasing examination fees for large institutions.
July 9 -
The Maryland banker and former ICBA chair was a champion for changing how the FDIC assessed fees years before the Dodd-Frank Act altered the calculation. Other bankers recall Menzies' enthusiasm and zeal.
July 9 -
Nearly six months into her first term as Federal Reserve Board chair, Janet Yellen has sought to put financial stability on nearly equal footing as monetary policy.
July 8 -
The Consumer Financial Protection Bureau is allowing lenders to skip "ability-to-repay" rule when transferring a loan to the kin of a deceased borrower or for other life events.
July 8





