Dodd-Frank

At best, the proposal to restore Glass-Steagall is outreach to Bernie Sanders supporters. But at worst, it suggests the GOP candidate isn't as anti-regulation as he claims to be.

In a speech Tuesday, GOP presidential nominee Donald Trump pledged to temporarily suspend all new federal regulations if elected president, but even if he wins the White House, the plan may prove beyond his reach.

With supervisory pressures continuing to mount, a piecemeal approach to handling banks’ regulatory demands is costly and ineffective.

The Indiana Senate race could prove to be the most important congressional race for bank policymaking if handshake deals propel former Sen. Evan Bayh to the top of the banking committee. But picking Bayh could start a civil war within the Democratic Party.

The Consumer Financial Protection Bureau on Thursday finalized new requirements for mortgage servicers that provide more help to struggling borrowers and add consumer protections when loans are transferred.

WASHINGTON — Federal bank regulators issued guidelines Tuesday for submissions outlining workplace diversity initiatives.

WASHINGTON — State bank associations threw their support behind a regulatory relief bill on Tuesday in hopes the legislation can gain traction in the Senate.

WASHINGTON — Regulators announced Tuesday that they are giving large banks with less than $100 billion in assets an additional year to file their living wills.

The Consumer Financial Protection Bureau added its voice Tuesday to a chorus of other regulators in calling for sustainable foreclosure relief when the Home Affordable Modification Program expires at yearend.

In a political season teeming with tension around income inequality, racial economic disparities and animus toward the banking industry, reforming the Community Reinvestment Act seems like it should be a cornerstone of the debate. Yet the law has been almost entirely absent from the discussion. Here's why.

The Consumer Financial Protection Bureau's proposal Friday updating its mortgage disclosure rule did not give lenders what they wanted: an ability to correct errors after a loan has closed and a release from liability for technical violations. But the 293-page proposal did provide revisions that will help in compliance and the closing of more loans.

The CFPB updated its "Know Before You Owe" mortgage disclosure rule to provide more clarity to lenders. It has proposed additional tolerance provisions, clarified a partial exemption for housing finance agencies, extended the rule's coverage to all cooperative units, and provided more clarity about privacy and the sharing of information.

The Glass-Steagall Act of 1933 was an unexpected and prominent part of the Democratic and Republican conventions this year, as both parties added a call to reinstate the law as part of their party platforms. But that will be easier said than done, considering that lawmakers from both sides of the aisle have shown little interest in the idea. Following is a look at how a Depression-era law found its way to Cleveland and Philadelphia.

The Consumer Financial Protection Bureau's debt collection plan is likely to put pressure on banks and first-party creditors to provide better documentation on consumer debts that get transferred to debt buyers and collectors. While the proposal does not cover banks and first-party creditors, some experts said banks will be on the hook for providing better information.

It's part of the Democratic platform, but lawmakers at the convention here are skeptical of embracing a plan to restore the Glass-Steagall Act, unsure what it would look like.

The Consumer Financial Protection Bureau released a plan Thursday to overhaul the debt collection industry that would limit collection attempts to six per week and require confirmation of a debt before contacting consumers. The plan, however, is not yet directed at banks and credit card companies.

The Consumer Financial Protection Bureau is set to unveil a sweeping proposal on debt collection practices this week that would force banks and credit card companies for the first time to comply with federal restrictions. It said the plan would put an end to some of the most egregious practices in the $13.7 billion debt collection industry.

Sens. Bernie Sanders, D-Vt., and Elizabeth Warren, D-Mass., said presumptive Democratic presidential nominee Hillary Clinton will ensure big banks do not again threaten the financial system.

Despite fears that increased compliance costs from new Consumer Financial Protection Bureau rules could drive community lenders out of the mortgage business, a watchdog report found that smaller companies remain active.

Now is the time to correct the mistakes of interchange price controls that harm consumers and community financial institutions to the benefit of merchants.