Bernie Sanders

At a time when costs continue to soar and regulators weigh reforms for Fannie Mae and Freddie Mac, more than half of the Democratic presidential candidates have talked about housing on the campaign trail.

Rodney Hood, chairman of the National Credit Union Administration board, will testify later this week before a Senate committee with CECL as a likely topic.

The legislation from Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez is part of an effort to shift the range of what is thinkable in Washington to the left. It may also serve to highlight the vulnerabilities of Democrats with bank-friendly records.

Democratic presidential candidate Bernie Sanders and Rep. Alexandria Ocasio-Cortez accused banks of acting as “modern-day loan sharks” and called on Congress to enact a federal limit of 15% on credit card interest rates.

With the candidates still introducing themselves to voters and honing their message, little has been said about the financial industry.

With the candidates still introducing themselves to voters and honing their message, little has been said about the financial industry.

The 2020 Democratic presidential candidates are far more emboldened to offer radical reforms to the financial system than their predecessors — reforms that could ultimately take hold if one of them wins.

The Feb. 13 hearing marks a turning point in long-running efforts in Washington to ease banks and credit unions' fears about serving the cannabis industry.

The Feb. 13 hearing marks a turning point in long-running efforts in Washington to ease bankers' fears about serving the cannabis industry.

The already long list of potential challengers to President Trump in 2020 includes policymakers with a deep record on banking issues and those whose financial services views are a relative mystery.