Jeb Hensarling

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.

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

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

Rep. Blaine Luetkemeyer said Tuesday that he's interested in the panel's top spot when Chairman Jeb Hensarling retires at the end of the year.

The legislation would prohibit the CFPB from penalizing institutions that rely in good faith on guidance from the bureau.

The Senate voted Wednesday to block guidance issued by the Consumer Financial Protection Bureau in 2013 that was meant to stop discriminatory markups on indirect loans made by car dealers.

The bill, which also exempts community banks from the trading ban named for former Fed Chairman Paul Volcker, would go a step further than the regulatory relief bill that passed the Senate.

In his first of two Capitol Hill hearings this week, Democrats hammered the acting director of the Consumer Financial Protection Bureau for ignoring what they view as the agency's core purpose.

House Speaker Paul Ryan's decision not to seek re-election is another sign of the difficulties Republicans will likely face in holding the chamber in November, heightening pressure to move a pending regulatory relief bill as soon as possible.

House Speaker Paul Ryan's decision not to seek re-election is another sign of the difficulties Republicans will likely face holding the chamber in November, heightening pressure to move a pending regulatory relief bill as soon as possible.