Law and regulation

How could an agency most people outside of the U.S. have never heard of effectively shut down an overseas bank without much explanation or even a hearing?

A man accused of operating a bitcoin exchange allegedly owned by the mastermind of a criminal enterprise that hacked at least nine big financial institutions and publishing firms, including JPMorgan Chase, pleaded not guilty to money laundering.

The American Action Network's provocative television commercial introduced millions of Americans to one of the most powerful and unaccountable government agencies in Washington.

The White House threatened to veto two bills on Tuesday – one that would mandate new cost-benefit requirements on the Federal Reserve and the other to allow loans held in portfolio to qualify as a “qualified mortgage.”

In one instance, a single complaint in the Consumer Financial Protection Bureau's database was counted as 35 different ones while in another, a complaint against a payday lender was filed against an unrelated bank. Current and former officials say that's par for the course, leading to inflated complaint numbers and inaccurate data.

The Cybersecurity Information Sharing Act, which has advanced far on Capitol Hill, promises to help businesses and government thwart cybercriminal attacks. But privacy advocates say the bill would make misuse of consumer data even easier.

Quality control should come early in the production line, just as Japanese automakers discovered when they began to gain market share.

The House approved a bill Monday night capping pay for Fannie Mae and Freddie Mac's top executives, sending the measure to President Obama's desk to be signed into law.

Recent U.S. and U.K. assessments of anti-money-laundering and efforts to combat terrorism financing show how the two countries have structured respective approaches to pinpointing key risks.

A group of attorneys general from eight states and the District of Columbia have jumped into the debate over PIN versus signature requirements for EMV cards, choosing the side of retailers.

The Islamic terrorist group that claimed responsibility for the devastating attacks in Paris last week is actively promoting the use of virtual currencies as a funding device, but such currencies are not more vulnerable to terrorist financing than other means, according to the head of the Financial Crimes Enforcement Network.

The Federal Housing Administration's unexpected windfall is already generating industry talk about another premium cut by the agency — but FHA officials insist such discussion is premature.

A familiar fight is brewing on Capitol Hill over a yearend budget deal, as questions loom around whether Dodd-Frank changes will be included in the final package.

Advocates of keeping the single-director model to run the Consumer Financial Protection Bureau should not write off the virtues of a commission so quickly.

The Federal Housing Administration reported better than expected financial results on Monday, with the ratio of reserves to guaranteed loans soaring past its minimum threshold to reach 2.07%.

Overhauling the splintered multiagency regulatory framework is necessary to promote the stability of the financial system as a whole.

Presidential contender Hillary Clinton was put on the defensive about her donations from large financial institutions in the second debate Saturday of candidates seeking the Democratic nomination.

While government officials acknowledge that so-called derisking, in which banks sever ties with businesses considered high risk, is a growing problem, it's increasingly clear they believe it's mostly up to the banks to solve it.

WASHINGTON — The Federal Deposit Insurance Corp. reissued a document on Friday that clarifies when a deposit is considered brokered.

The Dodd-Frank Act was supposed to end the regulatory advantages that came from holding a thrift charter. But in the case of USAA, it hasn't worked that way.