Law and regulation

The framework issued by the National Institute of Standards and Technology offers "a consensus description" for effective cybersecurity risk management.

Miller, the vice chairman of the House Financial Services Committee, announced Wednesday that he will not seek reelection later this year.

WASHINGTON -- The Senate Banking Committee is postponing its previously scheduled Thursday hearing with Federal Reserve Chair Janet Yellen.

WASHINGTON -- Fannie Mae and Freddie Mac lack consistent policies on charging late fees on outstanding loan repurchase requests, creating an uneven playing field in the mortgage market, according to an inspector general report released Wednesday.

Looming court battles over the fate of Fannie Mae and Freddie Mac are a key reason why lawmakers must act soon to pass housing finance reform, Housing and Urban Development Secretary Shaun Donovan said Wednesday.

Sens. Tim Johnson and Mike Crapo are close to unveiling a highly anticipated bipartisan bill to overhaul the mortgage finance market as the window for moving legislation this year continues to narrow.

Sen. Elizabeth Warren, D-Mass., and Rep. Elijah Cummings, D-Md., are urging the Federal Reserve Board to hold a formal vote on enforcement actions.

Being persistent and relentlessly reasonable can succeed over expressions of outrage, however justified that may be.

The Federal Deposit Insurance Corp. has filed a lawsuit against an executive at Renasant (RNST) in an effort to recoup money from a defaulted loan from the defunct Tennessee Commerce Bank.

International banks and other global private firms need to ensure that they do more than pay lip service to the privacy laws of sovereign states. In fact, the penalties for failure to comply with privacy laws in many countries can be very serious indeed.

Bankers have plenty of complaints about government, yet a steady stream of industry notables is striving to join the public sector's ranks. Former and current executives, central bankers and other financiers have sought and held political office through the years, both at state and national levels. Here are some who made - or have tried to make - the leap.

At Janet Yellen's first appearance on Capitol Hill as the head of the Federal Reserve Board, the country's top central banker did little to depart from her predecessor's views on key issues, often cautiously echoing his message from the past eight years.

As the role and responsibilities of compliance officers has grown, so has the need to ensure that those employees can effectively communicate with the rest of the bank.

It took a few hours for lawmakers to ask the perennial question to Federal Reserve Board Chair Janet Yellen that is apparently required for every regulator testifying on Capitol Hill: Did the Dodd-Frank Act end "too big to fail"?

Rep. Scott Garrett, R-N.J. skipped peppering Federal Reserve Chair Janet Yellen on monetary policy on Tuesday, focusing instead on a critical role that has remained left unfilled on the board: a formal overseer of bank regulation.

Banks and debt collectors are taking over courtrooms to press consumers for payments. Local officials see these 'rocket dockets' as a way to cope with a deluge of collections suits. But their judicial appearance may also mislead debtors into believing they face offers they can't refuse.

MoneyGram plans to restructure its executive lineup and other aspects of its organization as it works to expand consumer-facing services and manage its investments in anti-fraud and compliance programs.

The collateralized loan market has backed off of deals involving bonds until lawmakers and regulators address the Volcker Rule's impact on such instruments. Most hope for clarification or grandfathering to stave off a massive sell-off.

There are a number of definitions included in the Volcker Rule that do not fully align to the definitions contained in the Federal Reserve Board’s market risk capital rule.

Massachusetts Attorney General Martha Coakley wants regulators to prohibit casinos from placing liens on homes of people with unpaid gambling debts.