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James Clinger is currently general counsel to the House finance panel; CFPB director refutes House panel claims he didn’t do his job in Wells Fargo investigation.
June 19 -
Though Martin Gruenberg's term does not expire until November, President Trump announced his successor late on Friday.
June 17 -
The online lender, which focuses on high-earning millennials, is offering assurances that it will also serve Americans who make less money. But the company has not convinced critics, who say the plans are inadequate.
June 15 -
Ahead of the House vote Thursday on the Financial Choice Act, the two parties were assailing each other as proxies for Wall Street and painting themselves as defenders of community banking and the consumer.
June 9 -
Ahead of a vote on a bill that would eliminate orderly liquidation authority, supporters of those powers are proposing changes to make OLA more palatable to conservatives.
June 6 -
After months of speculation, former OneWest CEO Joseph Otting was finally named as the nominee for comptroller of the currency.
June 5 -
Financial regulators issued joint guidance on Wednesday highlighting the availability of cross-state appraiser licensing agreements.
May 31 -
The end of the filibuster for presidential nominees could affect whether Democrats get a say in picking board members of the FDIC.
May 30 -
The bank is the second failure in Illinois so far in 2017. Seaway Bank was closed in late January.
May 26 -
The NCUA aims to give credit unions access to in-person hearings with its governing board. Such an opportunity is lacking at federal bank regulators.
May 26 -
While CUs welcome the changes to the appeals process, the merger transparency rule is sure to raise a few eyebrows.
May 25 -
A top Trump administration official on Thursday vowed to roll back FDIC powers to seize and unwind a failing megabank.
May 25 -
The FDIC's Quarterly Banking Profile was mostly good news for banks, showing higher profits and lower noncurrent loans, but loan growth remains a worry. Following are insights into bank earnings.
May 24 -
Bank earnings leaped to $44 billion in the first quarter, a 12.7% increase from a year earlier, but loan growth marked its first quarterly slowdown since 2013.
May 24 -
President Trump’s budget would reduce funds to the CFPB and eliminate a fund designed to help regulators unwind a failing megabank.
May 23 -
Regulators have hinted that they're warming up to the idea of startups, but industry veteran George Groves is raising money to buy an existing bank because he fears the approval process would take too long.
May 23 -
The Trump administration’s examination of Dodd-Frank Act powers to allow regulators to seize and unwind a failing megabank is drawing criticism from supervisors at home and abroad.
May 19 -
The Federal Deposit Insurance Corp. is set to release its quarterly barometer of the banking industry on May 24.
May 17 -
The deposit insurer has stayed out of the debate over how to regulate the online lending industry. But that may be about to change.
May 15 -
The regulator said that the Bank of Lake Mills, Freedom Stores and Military Credit Services violated the FTC Act.
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