The Senate approved Richard Clarida as vice chairman of the Federal Reserve on Tuesday, while two other central bank nominees still await a vote.

The new rule will raise the asset threshold for firms eligible for the Small Bank Holding Company and Savings and Loan Holding Company Policy Statement.

Unilateral approaches to bank regulation are risky, but the OCC's plan to seek public comment independent of the other agencies could help shed light on a CRA debate that is now being waged internally.

The agency says it will act independently of other regulators to release a notice asking for public input on revamping the decades-old law.

Federal Reserve Chairman Jerome Powell said the fundamentals of the U.S. economic expansion look strong and support the case for continued gradual interest rate increases.

Before the passage of the recent regulatory relief law, only banks with assets of less than $1 billion were on an 18-month exam schedule.

A top regulator has signaled that the banking agencies are receptive to extending the comment deadline, after banks raised concerns about a proposed revision to the ban on proprietary trading.

The regulation implements a recent legislative provision dealing with how banks comply with post-crisis liquidity requirements.

With strategic changes at key trade groups and attention shifting away from regulatory relief for community banks, the interests of large institutions have taken on more prominence.

The Troy, Mich., company is operating unfettered by regulatory orders for the first time in a decade, and its CEO says Flagstar now has the flexibility to pull the trigger faster on deals and accelerate its diversification beyond mortgages.

The bank said the candidate planned to accept money from the medical marijuana industry; the crash in digital currency prices’ long-term consequences.

As director of the Fed's Division of Research and Statistics, David Wilcox is responsible for briefing the Federal Open Market Committee on the outlook for the national economy.

As the state phases in tougher requirements from its 2017 regulation, federal agencies continue to show an interest in updating their cyber policies.

The Michigan company had been operating under the supervisory agreement since 2010.

Lawmakers fear that regional banks could still get stung as the central bank implements a new law meant to ease their burden.

The Federal Reserve had ordered improvements in compliance, board oversight, risk management, capital planning and liquidity risk management that spanned multiple subsidiaries.

The Fed's order targets affidavits prepared by employees of CitiFinancial in connection with the company's exiting the mortgage servicing business.

The central bank’s dividend waiver rule has severely limited the formation of mutual holding companies.

The central bank's survey of loan officers said banks are easing their credit standards for commercial and industrial loans as competition heats up.

Sherrod Brown of Ohio and Cory Booker of New Jersey unveiled a bill to ban overdraft fees on debit card transactions and ATM withdrawals — a move that could negatively impact a major credit union revenue stream.