-
A decision by the FHFA to study further a proposal by Fannie Mae raises questions about industry pressure to head off a plan that seeks to cut premiums by hundreds of millions of dollars and end controversial payments to banks.
February 12
-
Legislation introduced in several states would ban surcharges on Visa and MasterCard credit card purchases, potentially undercutting a concession retailers won in a proposed legal settlement.
February 11
-
The law is on the way to spawning 30,000 pages of regulations. A mere 37% of rule-making deadlines have been met. Which raises the of question whether Dodd-Frank is just too unwieldy.
February 8
-
The Federal Housing Administration has become the latest flash point in the battle over government's role in housing finance. American Banker editors discuss.
February 7
-
The FTC issued a report Saturday calling for better privacy protection for mobile device users. Financial data is a primary focus.
February 6
-
President Obama's choice to replace Timothy Geithner as Treasury Secretary is a lawyer and budget expert. He's also a former Citigroup banker who served as a longtime White House loyalist and is now making the Capitol Hill rounds to bolster his nomination. Yet for all that's known about Jack Lew's past, his views on banking policy remain something of a mystery. One key question is whether as Treasury Secretary he'd support the Financial Stability Oversight Council as vigorously as has his predecessor. In addition to FSOC, at issue are Lew's views on implementing the Dodd-Frank Act, the "Too Big to Fail" doctrine and the designation of non-banks as posing systemic financial risks.
February 5
-
With success in many markets riding on innovative technology, banks are turning to the tricky game of venture investing.
February 4
