Financial regulations

The agency recently proposed gutting the ability-to-pay standard in its small-dollar loan rule, a move that would benefit the payday loan industry and harm consumers.

By applying to become an industrial loan company, the fintech would be able to use insured deposit accounts as a cheap source of funding without having to comply with the tough rules banks face.

Credit unions in the Cornhusker State are waiting to see whether lawmakers move forward on on a bill that would allow banks the opportunity to block field of membership expansions.

Bill Schirmer, president and CEO of Evansville Teachers FCU, will serve a three-year term on a panel for the Federal Reserve Board of St. Louis.

Bankers should pay attention to a recent case in Wyoming in which regulators have sought to bar two executives for misusing confidential bank information for the benefit of a rival institution.

Regulators spend considerable time and resources reviewing big mergers and the process shouldn’t be used as a proxy for the “too big to fail” fight.

From cybersecurity to capital, here's what the next NCUA board might (or might not) do on a host of issues.

A report identified gaps in documentation and other weaknesses that the watchdog said heighten the risk of agency officials being too cozy with the institutions they supervise.

The agency recently proposed gutting the ability-to-pay standard in its small-dollar loan rule, a move that would benefit the payday loan industry and harm consumers.

The agency’s proposed changes to its standard for small-dollar loans will help ensure underbanked consumers still have access to credit. Concerns about predatory lending are overstated.

The banking agencies would benefit from running simulations designed to ensure they’re ready to handle the next crisis.

After six years, a bill from Rep. Ed Perlmutter to allow banks and credit unions to serve legal marijuana businesses is finally getting some traction.

Todd Harper and Rodney Hood's nominations to the National Credit Union Administration board are not expected to face significant opposition.

Readers weigh legislative proposals on pot banking, consider JPMorgan's new digital coin, debate the Federal Deposit Insurance Corp.'s brokered deposit rules and more.

After six years, Rep. Ed Perlmutter tells American Banker he is finally seeing some traction on his legislation to allow banks to serve legal marijuana businesses.

The agency’s effort is a good first step to updating brokered deposit rules, but regulators excluded several important considerations in their advance notice of proposed rulemaking.

Legalized marijuana is a multibillion-dollar industry, and it desperately needs banking services. Will Congress come to the rescue?

When a cryptocurrency exchange is unregulated, you need to investigate its security practices yourself, writes Phillips Nizer LLP's Patrick Burke.

The administration is sending conflicting signals on whether it has a plan to overhaul the housing finance system, further complicating an already complex debate.

The agency’s proposed changes to its standard for small-dollar loans will help ensure underbanked consumers still have access to credit. Concerns about predatory lending are overstated.