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Both parties appear interested in a deal on housing finance reform, but tough fights are ahead.
June 29 -
Fed chair says post-crisis rules have made financial system safer and shouldn’t be rolled back; Atlanta bank rolls out internal program to other corporations.
June 28 -
J. Mark McWatters, now the 10th NCUA chairman, was named acting NCUA chairman following President Trump’s inauguration.
June 27 -
Executives at four former credit repair companies agree to pay $2 million for charging consumers millions in illegal advance fees.
June 27 -
The Senate is set to begin teeing up housing finance reform discussions at a Banking Committee hearing on Thursday, but many are skeptical that Congress will be able to succeed where it has failed in the past.
June 27 -
Financial firms say the database is unreliable and would like to see it removed from public view. But the industry would also lose access to competitive insights that can be gleaned from the massive trove of consumer complaints.
June 26 -
In his short time in office, acting Comptroller of the Currency Keith Noreika has already taken public digs at two other banking agencies and signaled he isn't going to play it safe.
June 23 -
A dad challenges JPMorgan Chase’s parental leave policy. A shareholder proposal to address the gender pay gap gets shot down at Citigroup. Plus, Cathy Bessant, Yolande Piazza and Elizabeth Warren.
June 23
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All 34 big banks demonstrate they could survive a severe recession; credit cards emerge as the biggest vulnerability, with a projected $100 billion in losses.
June 23 -
Federal regulators supported several changes the banking industry has been seeking in an appearance before the Senate Banking Committee on Thursday, acknowledging the need to limit the Volcker Rule and better define systemically important banks.
June 22 -
The billionaire investor agreed to buy shares at a deep discount and provide a fresh credit line for the Canadian mortgage company, tapping a formula he used to prop up lenders from Goldman Sachs to Bank of America.
June 22 -
House Democrats are ultimately hoping that the Deutsche investigation will provide more information about President Trump’s business dealings with Russia.
June 22 -
Acting Comptroller of the Currency Keith Noreika is expected Thursday to offer detailed proposals to loosen regulatory restrictions on financial institutions of all sizes, including simplification of the Volcker Rule, streamlined processes for approving de novos and curbs on CFPB exam authority.
June 21 -
The House Financial Services Committee approved several bills Thursday designed to boost the private flood insurance market.
June 21 -
Housing finance reform discussions are heating up and there's a growing sense that legislation can be enacted sooner rather than later. Here's why.
June 21 -
For Democrats, the scandal is a prominent symbol of big-bank misbehavior, while Republicans want to use it to show the shortcomings of the CFPB.
June 21 -
The Wall Street Journal enumerates the reasons why President Trump needs to fire the CFPB director; the bitcoin market is sharply divided over whether it’s a currency or a store of value.
June 21 -
Though James Clinger has been a top aide to House Financial Services Committee Chairman Jeb Hensarling, observers said the FDIC chair nominee's views may differ.
June 20 -
Bank, former executives said to have used Qatar money to avoid financial crisis bailout; Senator wants the Fed to use its power to oust board members over fake accounts scandal.
June 20 -
Sen. Elizabeth Warren, D-Mass., asked Federal Reserve Chair Janet Yellen on Monday to remove 12 Wells Fargo board members because of the fake-accounts scandal.
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