Lost in the battle between banks and retailers — which is being fought with renewed vigor in the early days of the Trump administration — is any consideration of how caps on interchange fees have affected consumer spending patterns.

Donald Trump is considering nominating U.S. Bancorp Chief Executive Officer Richard Davis for the Federal Reserve Board, said people familiar with the matter, as the president prepares to start reshaping the central bank’s approach to monetary policy and Wall Street oversight.

President Trump is considering bankers and financiers, not economists, to fill vacant Fed seats; the ABA is launching an ad campaign to roll back the Durbin Amendment on swipe fees.

Yellen has good things to say about Volcker rule and CFPB, while Tarullo backs tighter reins on big banks; Trump said to be considering Mnuchin deputy as Comptroller of the Currency.

Daniel Tarullo's retirement opens another spot for a potentially bank-friendly central bank seat; Gary Cohn is Trump's point man on all things financial, from deregulation to Obamacare.

The Federal Reserve Board should continue to focus on emerging systemic threats and work on exempting community banks from rules clearly aimed at larger institutions, said Fed Gov. Daniel Tarullo, who unexpectedly announced his pending departure Friday.

Federal Reserve Board Gov. Daniel Tarullo will step down in April in a move that has profound implications for the central bank's oversight of banks.

The rise in home values is good news for homeowners looking to tap the equity in their homes to pay down debt or make big purchases, but some consumer groups fear it could lead to a new wave of loan defaults.

The American Bankers Association filed a lawsuit Thursday against the federal government over a Federal Reserve rule mandated by Congress that diverts dividend payments to Fed member banks to the highway fund.

A House plan to provide regulatory relief will be more far-reaching when it is reintroduced soon by rendering the consumer protection agency toothless and providing banks with extra incentives to opt into a deregulatory plan.

Scott Alvarez, the Federal Reserve's longtime general counsel, will retire later this year after nearly three dozen years at the central bank, the agency announced Wednesday.

The Federal Reserve’s regular opinion survey of senior bank loan officers suggests that lenders expect to ease lending standards for commercial and industrial loans in 2017, while also expecting to have to tighten lending standards for commercial real estate and auto loans this year.

Easing regs without mulling the consequences could hurt the financial system, but a fintech charter and other careful reforms could promote innovation, Patrick Harker said.

A top House Republican is calling on the Federal Reserve to cease its participation in international standards-setting forums until after President Trump has installed his own leadership in the central bank.

Several groups are developing real-time payments systems for the U.S., and most everyone agrees success is inevitable, but how quickly they can make enough progress to satisfy consumers is a point of contention.

The Federal Reserve Board approved a proposal Monday designed to exempt most of the 33 banks subject to annual stress testing from the “qualitative” aspects of the test.

Federal and state regulators on Friday announced that BB&T has agreed to a consent order over weaknesses in its Bank Secrecy Act and anti-money-laundering program.

President Trump’s reported interest in GE Energy Financial Services CEO David Nason is sending the signal that the new administration intends to take a measured approach to financial regulation.

The financial services industry has high hopes that President Trump will usher in a new era of less regulation and economic growth. Here are challenges his administration will face.

Dwolla is pitching its faster payments system to the Federal Reserve Bank as it contemplates the facets of a future system in the U.S.