PayThink

Replacing Fannie and Freddie with a federal catastrophic reinsurance agency is smart. Putting the wrong leader (like a politician) in charge of the new mortgage agency would be disastrous.

Filling this increasingly prevalent and critical position presents the perfect opportunity for a bank to bring a female executive into its C-suite.

The Supreme Court is set to hear the Noel Canning v. National Labor Relations Board case, which calls into question several recess appointments President Obama made last year. The Supreme Court's decision on the Canning case could have a significant impact on Richard Cordray, who was recess appointed as director of the Consumer Financial Protection Bureau on the same day that NLRB appointments were made.

Recapitalizing Fannie and Freddie while making sure they behave well is a path with far fewer risks of missteps and potential damage to the economy.

The Supreme Court announced Monday it would hear a case that calls into question President Obama's recess appointments to the National Labor Relations Board.

The House and Senate banking panels are holding several hearings this week, including Consumer Financial Protection Bureau officials discussing the private student loan market and a planned look at "too big to fail" regulations.

The FTC's move to hold payment processors responsible for the deeds of unscrupulous merchants could result in higher prices or less choices for small businesses and consumers.

There’s no magic potion for providing low-income people with low-cost financial services. But the combination of technology, ingenuity and the capitalist incentive has solved many problems before.

Provide them with a basic understanding of the banking system, share your firm’s strategic vision and encourage communication between departments and affiliates.

At the CU-sponsored Cherry Blossom Run in Washington this spring, Janet Bawcom set a new U.S. record in the 10-mile. Meanwhile, in the same week during the World Ice Cream Eating Contest sponsored by Magnify Credit Union in Florida, Joey Chestnut set a new world record by knocking off almost 1.5 gallons of vanilla ice cream in six minutes. Incredibly, Mr. Chestnut looks like he could run in the Cherry Blossom event and no one would think him out of place.