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President Donald Trump has chosen Kathy Kraninger, a little-known White House budget aide, as director of the Consumer Financial Protection Bureau, an administration official said.

C.G. Kum, who has been the Los Angeles company's CEO the past five years, plans to retire in May.

The new guidelines are a prelude to a much larger effort by regulators to modernize implementation of the Community Reinvestment Act.

Kathy Kraninger, an obscure official at the Office of Management and Budget, is President Trump's leading candidate to become director of CFPB, according to sources.

Bank of America is in expansion mode and wants to add 10,000 retail and other workers who better reflect the communities it serves.

From special visitors at the branch to donations that make a major impact, here's how credit unions are giving back and making a difference.

From a major CFPB deadline to a long-anticipated fintech report, there's a lot to watch for in the days to come.

As competition from the bank-powered Zelle mounts, the popular social P2P app Venmo is phasing out support for online payments in favor of its mobile app.

No plan will be implemented as long as Fannie Mae and Freddie Mac remain in conservatorship, but a capital framework for the companies could still have a substantive impact.

The National Credit Union Administration's quarterly map of state-level performance data sees a continuation of many long-running trends, but a handful of states can be thankful they're no longer at the bottom of the pack for certain performance metrics.