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The legislation, co-sponsored by six other Republicans, would apply federal lobbying and vacancy rules to regional Federal Reserve banks and close seven of the 12 existing banks.

U.S. Bank and KeyBank were among those that made significant advances in their use of cloud computing during the past year.

The interim chief executive, Mark Wilburn, has been with Truity more than 25 years. The outgoing CEO, Dennis Halpin, plans to retire in January.

The Federal Housing Finance Agency said it would heed the recommendation from a report by its Office of the Inspector General released this week.

Rivertown Community Federal Credit Union and Allegan Credit Union in Michigan will join forces in January under their shared boss, Kris Lewis.

The JPMorgan Chase CEO keeps brushing off the big question: Who will lead the House of Dimon after Dimon?

The measure would reduce access to credit among junior service members, opening the door to payday lenders.

The companies, which reach thousands of merchants, recently launched environmental programs that use a network effect to cut carbon emissions.

Pay-by-bank advances in the U.K.; British banks team to protect cash; Mastercard invests in Africa, and other news.

The Treasury Department's top official for financial markets and stability expressed little urgency over the federal government's need to prepare for the potential launch of a digital U.S. dollar.