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Lawmakers fear that regional banks could still get stung as the central bank implements a new law meant to ease their burden.
August 16 -
The Banking Committee had delayed a vote on Kathy Kraninger’s confirmation after the Senate announced a short summer recess.
August 15 -
The letter from lawmakers to the bureau follows a report that the agency does not view the exams as explicitly required by the law.
August 15 -
While the industry's trend of supporting Republicans continues, Senate Democrats who backed reg relief are drawing key industry support.
August 15 -
While bankers typically donate more to the political re-election campaigns of Republicans, their giving has shifted more to Democratic incumbents in the Senate for the upcoming midterms.
August 15 -
Sen. Brian Schatz, D-Hawaii, said it is hard to imagine how Wells Fargo's $8 million remediation plan would correct a mistake that led to 400 wrongful foreclosures.
August 9 -
Some of the tightest contests in the midterm elections may have big implications for the future of banking policy.
August 5 -
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.
August 3 -
Sherrod Brown of Ohio and Cory Booker of New Jersey unveiled a bill to ban overdraft fees on debit card transactions and ATM withdrawals.
August 3 -
Echoing House members, five Republican senators called on the Federal Reserve Board to rethink its surcharge in order to eliminate “excessive” capital requirements.
August 2 -
The Senate recess is postponing the committee's vote as Democrats press Kathy Kraninger on involvement with zero-tolerance immigration policy at OMB.
August 1 -
In a letter to heads of five federal regulators, Sens. Elizabeth Warren, Sherrod Brown and Jeff Merkley say the public should know the impact of Volcker in light of proposed changes.
July 30 -
Kathy Kraninger, President Trump’s pick to run the CFPB, will testify before Congress on Thursday in what is likely to be a defining moment for her nomination.
July 18
American Banker -
The central bank has encountered criticism for allowing three banks to direct funds to dividends and buybacks even though their capital levels fell below required minimums.
July 17 -
The Bank Policy Institute was formed following the merger of The Clearing House Association and the Financial Services Roundtable.
July 16 -
With the recent focus on capital formation bills, lawmakers appear to be putting their Dodd-Frank angst aside.
July 13 -
Senators at a hearing Thursday discussed a bill establishing an online portal for consumers to monitor their credit reports free of cost.
July 12 -
The Montana senator, who faces a tough re-election fight, was a key backer of the bipartisan bill to ease certain provisions of the Dodd-Frank Act.
July 11 -
If the GOP keeps the Senate, the Pennsylvania Republican, who has pressed for bigger changes to the Dodd-Frank Act than recently enacted regulatory relief legislation, could be the next banking chair. Here's what that means for credit unions.
July 10 -
If the GOP keeps the Senate, the Pennsylvania Republican, who has pressed for bigger changes to the Dodd-Frank Act than recently enacted regulatory relief legislation, could be the next banking chair. Here's what that means.
July 5















