Law and regulation

The Consumer Financial Protection Bureau is seeking comments on how the Credit Card Accountability Responsibility and Disclosure Act of 2009 has impacted consumers. The input will allow the agency to construct future proposals for new credit card rules.

Lawmakers pressed a Consumer Financial Protection Bureau official Wednesday on problems with the credit reporting system raised in a major study released by the agency last week.

In a surprise move, the Federal Housing Administration's Acting Commissioner Carol Galante sent a letter to the Tennessee senator agreeing to make major policy changes, including ending a popular reverse mortgage program for seniors.

The Consumer Financial Protection Bureau said Wednesday that it is looking for input on how it should craft future proposals establishing new rules for credit cards.

Banks have the wherewithal to weather a drop in earnings that a recession sparked by a plunge off the fiscal cliff could produce, Moody's wrote in an analysis published Monday.

Fair Debt Collection Practices Act litigation cooled far beyond an expected holiday slowdown in the latest reporting period.

Bankers are applauding the opening salvo of a Federal Deposit Insurance Corp. bid to address community bank troubles. But they're also already asking what comes next.

A new study concludes the agency's basic business model puts homeowners at an unacceptably high risk of default with negative consequences for communities. Nothing could be further from the truth.

The Treasury Department said that 218 banks remain in the Trouble Asset Relief Program's Capital Purchase Program, and that it expects to sell its stakes in roughly 144 banks in 2013.

2012 brought plenty of news that bankers -- and sometimes their regulators — would be happy to forget. Here's a rundown of a year in tarnished reputations and fines.

Massive regulation provides a deep moat protecting large financial institutions against competition from community banks and innovators.

UBS AG must pay about $1.5 billio) to U.S., U.K. and Swiss regulators for trying to rig global interest rates, triple the penalties levied against Barclays Plc.

A year ago we asked BankThink's regular contributors to make bold predictions about 2012. Here's a look back at their forecasts and the actual outcomes.

Bankers are applauding the opening salvo of a Federal Deposit Insurance Corp. project to focus on community bank troubles, but are already looking ahead to the next phases.

White House officials have approached American Express Co. (AXP) Chief Executive Officer Kenneth Chenault about joining President Barack Obama's second-term administration, possibly as Treasury secretary.

White House officials have approached American Express Co. CEO Kenneth Chenault about joining President Barack Obama’s second-term administration, possibly as Treasury secretary, according to two people familiar with the matter.

Morgan Stanley's handling of Facebook Inc.'s (FB) initial public offering, a deal that cost investors billions of dollars, broke a decade-old pledge to block investment bankers from influencing analysts, according to Massachusetts regulators, who fined the bank $5 million.

Its purpose was to study what consumers know about dispute resolution clauses. This is particularly important because most checking accountholders are covered by these clauses and may not be aware of them.

Every banker is under scrutiny, but last year we pegged 10 executives as potential news makers for 2012. Some made big headlines; others seemed to get through the year without making much noise. Here is a recap.

A yearlong FDIC research project charts the impact of consolidation and other pressures on small banks, but suggests continued viability for the sector.