Dodd-Frank

WASHINGTON — Federal regulators Friday issued proposals outlining methodologies for establishing how thresholds for certain exemptions to Truth in Lending requirements would be set.

Bankers are taking the unusual step of asking the government for additional regulations — ones that can be used to block the Consumer Financial Protection Bureau from seeking more data from financial institutions.

Donald Trump's decision to embrace the reinstatement of the Glass-Steagall Act is part of an effort to cast him as the champion of community banks, according to his top advisers.

The Consumer Financial Protection Bureau's fifth anniversary marks an important shift for the agency in which it pivots from rules required by the Dodd-Frank Act to pursuing other areas.

While surprised and alarmed by Donald Trump's decision to add the reinstatement of the 1930s-era banking law to the GOP platform, Republican lawmakers at the convention in Cleveland maintained that Trump is a better choice for the economy and the financial system. Here's why.

Congress appears to have reached an overwhelming consensus of support for small bank carve-outs with 70% of the Senate called for the CFPB to exempt credit unions and community banks from certain regulations. Whether signing a letter of support will make a difference in the debate is unclear.

Paul Manafort, the campaign manager for the presumptive Republican presidential nominee, said Monday during a press briefing that reinstating the law, which separated commercial and investment banking, was one of the few changes Trump is proposing in the GOP platform.

The financial reform alternative proposed by Rep. Jeb Hensarling would allow bankers to be bankers rather than be so focused on regulatory compliance.

The Consumer Financial Protection Bureau is expected to unveil a proposal on July 28 that would regulate debt collection practices.

Upcoming risk retention requirements may be the proverbial straw that breaks the back of the commercial mortgage-backed securities market.

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.

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.

Congress should abandon the idea of repealing a section of the Dodd-Frank Act that has helped make pricing for payment processing more competitive.

The debate over Rep. Jeb Hensarling's bill to overhaul the Dodd-Frank Act is increasingly focusing on widely different philosophies about capital regulation.

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.

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.

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.

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.

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.

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.