Person Root Tag

In addition to changing the name of the Consumer Financial Protection Bureau, the acting director wants to also nix public complaints; the good, bad and ugly in Zelle's ascendance; a case study for digital outage recovery; and more from this week's most-read stories.

FDIC Vice Chairman Thomas Hoenig has been a tough critic of risky practices by big banks and a key voice among federal regulators in support of stronger capital requirements.

Not a penny of the $1 billion fine against Wells Fargo will end up in the hands of customers harmed by practices flagged by regulators.

Wells may have tried to lure 401(k) customers into more expensive IRAs; Hensarling says he will go along with Senate version of Dodd-Frank rollback.

Sen. Elizabeth Warren, D-Mass., is asking the CFPB’s top ethics official if the agency has taken steps to ensure its acting director, Mick Mulvaney, is excluded from matters involving banks and other firms that contributed to his campaign when he was a congressman.

Readers weigh in on the action at Wells Fargo’s annual meeting, debate the idea of changing the Consumer Financial Protection Bureau’s name, chime in on a postal banking proposal and more.

Whether you like the idea or hate it, expect to hear a lot more about postal banking over the next two and a half years.

The details about political donations to over a dozen lawmakers raise fresh questions about the payday lending sector's influence in Washington.

The senior official said U.S. regulatory agencies should not rush to complete certain final aspects of Basel III, to prevent the new standards from conflicting with existing rules.

The senior GOP lawmaker appeared to acknowledge concerns that expanding the bill could harm Democratic support.

On one hand, banks could face regulatory pressure to restrict services to the firearms industry. But banks that take a strong stand also risk the wrath of GOP lawmakers opposed to such restrictions.

Bank of America's new policy denying loans and other services to certain gun makers came after dozens of employees lost family members or suffered other trauma related to mass shootings in the past few years, CEO Brian Moynihan said.

Japan's biggest bank has been accused by New York officials of dodging tough oversight by swapping its state license for a federal one, putting itself under a U.S. agency on the front lines of President Donald Trump's push to ease financial rules.

Critics of the acting CFPB director have a new line of attack as he takes fire for remarks made at an industry conference earlier this week.

If President Trump doesn't name a director before the midterm elections, he could lose his best shot at reshaping the bureau long term.

The acting director’s effort to rename the agency is about more than rearranging a few words.

Sen. Elizabeth Warren is asking acting CFPB Director Mick Mulvaney to clarify his philosophy on enforcement, provide details on the high pay for political appointees and answer other questions.

CEO Tim Sloan and board chair Elizabeth Duke fielded tough questions Tuesday on everything from the embattled bank’s culture to its ties to the private prison industry.

House Republicans are continuing to push the Senate to add more measures to a bill to give regulatory relief to community banks.

Acting Consumer Financial Protection Bureau Director Mick Mulvaney announced a trio of significant changes to the CFPB.