Dodd-Frank

The Consumer Financial Protection Bureau filed a lawsuit Monday against a Maryland company that allegedly targeted victims of lead paint poisoning and got them to sign away future settlement payments for immediate cash at a deep discount.

Employees at the Treasury Department's Office of Financial Research have raised concerns about racial discrimination and dysfunction at the agency, according to internal documents and videos posted online.

Sen. Sherrod Brown, the top Democrat on the Senate Banking Committee, sharply criticized Wells Fargo on Friday for failing to respond to questions about the phony-accounts scandal, including when the board and top executives first learned of the illegal sales practices.

The Consumer Financial Protection Bureau has formally appealed an October court ruling that undercut the agency's independent status, arguing that the decision laid out a theory of separation of powers without precedent in case law or the Constitution.

WASHINGTON — Sen. Elizabeth Warren, D-Mass., sharply criticized President-elect Donald Trump's transition team on Thursday, saying he has reneged on his promises to "drain the swamp" and instead has put "swamp monsters" in charge.

Banks already have a difficult time collecting data on mortgage lending to minorities. New data requirements scheduled to take effect in early 2018 could lead to even more mistakes — and financial penalties — not to mention higher compliance costs and longer delays in closing loans.

WASHINGTON – Progressive Democrats sent a letter to congressional leadership on Thursday urging them not to pass a budget bill that would reform the Consumer Financial Protection Bureau and other components of the Dodd-Frank Act.

Federal Reserve Chair Janet Yellen has promised to serve out her term heading the central bank until it expires in 2018, ending speculation that she could resign earlier and give President-elect Donald Trump another important appointment to make when he assumes office in January.

A long-awaited report by the Federal Reserve’s Office of Inspector General found “significant variability” between regional banks’ willingness to consider dissenting supervisory views, and said the challenges facing the New York Fed are especially daunting.

WASHINGTON — Sen. Elizabeth Warren said this week that Republicans would be making a grave mistake if they try to gut the Consumer Financial Protection Bureau, saying that the agency embodies the same populist wave that helped elect Donald Trump.

House Financial Services Committee Chairman Jeb Hensarling recited a litany of priorities for his panel next year, touching on everything from the very broad, like housing finance reform, to the specific, including targeting a proposal to rein in payday lending.

Minneapolis Federal Reserve Bank President Neel Kashkari has sketched out what he calls a streamlined, simplified post-crisis regulatory structure that can end "too big to fail" and prevent financial crises – but it comes at the expense of economic growth.

The surprising outcome of last week's presidential election is already causing some banks to adjust interest rates on loans and rethink their technology spending.

In a highly anticipated report, the Government Accountability Office found room for the Fed to improve its stress testing program, but its criticisms fell far short of industry hopes that the watchdog would provide cover for sweeping changes to the program.

Sen. Elizabeth Warren delivered a blunt message to fellow Democrats not to make any deals when it comes to restructuring the Consumer Financial Protection Bureau. But whether the progressive Democrat can hold the line with her colleagues or stave off Republican attempts to rejigger the agency using filibuster reform remains to be seen.

After anticipating four years of coordination with the White House, stunned Wall Street critics are reorganizing their priorities and vowing to oppose any attempts by the new Republican government to roll back post-crisis reforms.

The Consumer Financial Protection Bureau's contentious rulemakings on arbitration and payday lending may be in jeopardy with the change in administrations and continued GOP control of Congress.

Donald Trump's campaign strongly endorsed the idea of restoring the Depression-era separation of banking and commerce, but since Trump's victory, the idea has all but vanished.

President-elect Donald Trump's victory poses a unique quandary for the Federal Reserve both before and after he is sworn in — whether the central bank should attempt to finish the many rules still in process or keep its head down to avoid provoking a hostile Congress.

Regulatory costs may be warranted, but neither Congress nor the executive branch assessed the cost of the Dodd-Frank Act before its enactment.