Person Root Tag

Jelena McWilliams, most recently chief legal officer at Fifth Third, previously served as a Senate GOP aide and an attorney at the Federal Reserve Board.

The industry’s biggest legislative victory in a decade made it to the finish line Thursday.

It's too late for Congress to overturn the consumer bureau's regulation on short-term lending, but acting Director Mick Mulvaney will have plenty of chances to reshape it.

Montgomery was confirmed by the Senate 74-23 to serve his second stint at the FHA, where he previously was commissioner during the George W. Bush administration.

Long-awaited modifications to proprietary trading ban are to be unveiled at an open meeting on May 30.

In the continued absence of legislation, Fannie Mae and Freddie Mac’s regulator announced work on a new capital framework.

A coalition of free-market-oriented groups is calling on Senate Finance Committee Chairman Orrin Hatch to rethink his push for a new tax on credit unions.

The agency's bulletin opens the door to banks' making more short-term loans to borrowers with lower credit scores — with few parameters beyond "sound underwriting."

The Senate bill is a huge win for the financial services industry, but there are still plenty of unresolved legislative issues of interest to banks and credit unions.

The Senate bill is a huge win for the banking industry, but there are still plenty of unresolved legislative issues of interest to financial institutions.

The bill passed by the House took a more cautious approach to relief than prior legislative proposals but has still been hailed by banking industry groups.

Treasury Secretary Steven Mnuchin said that banking records of President Donald Trump's lawyer Michael Cohen appear to have been leaked from a database maintained by his department.

Senate Democrats want acting CFPB Director Mick Mulvaney to explain why the agency is no longer policing student loan lenders and servicers, but any impact on credit unions remains to be seen.

The CFPB is looking to rescind Obama-era policy that allowed it to punish banks and financial firms for unintentional discrimination.

CEO Tim Sloan said that the bank has "pulled back enough" on auto lending and is poised to grow the business again.

The CFPB policy was aimed at preventing discriminatory markups on indirect loans made by car dealers, but current acting CFPB Director Mick Mulvaney said the guidance "seemed like a solution in search of a problem."

Why both Republicans and Democrats are exaggerating legislative changes to the Dodd-Frank Act.

Senate Democrats want acting CFPB Director Mick Mulvaney to explain why the agency is no longer policing student loan lenders and servicers.

Commenters will have more time to weigh in on the plan, by the Fed and OCC, that has triggered divisions among the federal regulators.

With Congress set to approve a regulatory relief bill and vote on an FDIC chairman, banks will soon see the deregulation they’ve long been anticipating.