Financial regulations

Democratic lawmakers made clear at a hearing Wednesday that they do not intend to abandon the issue following the GOP's repeal of regulatory guidance last year.

As the CFPB moves closer to updating its debt collection regulations, revising restrictions on phone calls and other communications with consumers must be a priority.

Val Mindak, who has led Park City Credit Union for a decade, will help advise Minneapolis Fed President Neel Kashkari.

The rule requires disclosure of exact fees but institutions can estimate pricing under an exception that will expire in 2020. The CFPB is seeking comment to prepare for that deadline.

As with the debate over guns, climate change and other social issues, banks may find themselves pressured to do more to address the country's wealth gap.

Bradley Linskens, the former examiner-in-charge at Wells Fargo, faced scrutiny for his conduct as the top examiner of the scandal-plagued bank.

Price Chopper Employees Federal Credit Union is the second institution to merge into the Latham, N.Y.-based Sunmark in recent months.

The current compensation rule, which was last updated more than two decades ago, is confusing, industry experts said.

In her first policy speech since being confirmed as the agency's director, Kathy Kraninger promised less focus on enforcement actions and more emphasis on consumer education.

The Fed is stepping up transparency around its process for testing bank resiliency in a hypothetical crisis, but additional improvements are needed.

Urfer co-founded a business with the banking automation pioneer John Diebold, worked for Chase Manhattan and other major banks, and played an important role in the Nixon administration, phasing out exchange controls.

Readers respond to this week's big-bank CEO hearing before the House, weigh the debate over Community Reinvestment Act reform, consider whether Wells Fargo needs a new brand and more.

The cryptocurrency exchange Bittrex is protesting New York's decision this week to deny it a virtual license exchange, claiming that its rationale contains factual errors and its personnel were not well versed in blockchain.

The House Financial Services Committee recently approved protections for banks financing cannabis companies in states where it’s legal. This is a good first step, but improvements are needed.

The decade-old rule, now under review, is outdated and another example of one-size-fits-all regulation, community bankers say.

The Evergreen State is the latest to make a push to modernize the rules governing state-chartered credit unions.

Community banks are open to working with innovative financial startups, but regulators must ensure they face the same oversight standards as traditional banks.

A senior official recently criticized how some groups responded to the OCC’s initial steps to reform the Community Reinvestment Act. It’s a worrying sign that the agency will ignore concerns raised by advocates.

The Massachusetts senator introduced legislation Wednesday that would require executives of large corporations to serve jail time when their companies commit crimes, including for violations of civil law.

Community banks are open to working with innovative financial startups, but regulators must ensure they face the same oversight standards as traditional banks.