Opinions

For more than a decade, the bank allowed billions of dollars from illicit activities to flow through the U.S. financial system unchecked. Some are wondering why examiners didn't put a stop to it sooner.

Regulators' asset cap on TD Bank for money-laundering violations has cemented the enforcement tool as a supreme cudgel to rein in problem banks, while other tools devised in the wake of the Great Financial Crisis gather dust.

More than a decade ago, a senator from Alabama warned that the Consumer Financial Protection Bureau would grow into an unaccountable monstrosity. His successor, Sen. Katie Britt, says that prediction has proven true.

Donald Trump vowed to boost the U.S. auto industry by making interest on car loans fully tax-deductible and renegotiating a trade deal with Mexico and Canada as he courts Michigan.

The Canadian bank is indefinitely prohibited from growing assets at its two U.S. subsidiaries as the result of a sweeping settlement over money-laundering violations. While only the second imposition of such a penalty ever, experts say it will not be the last.

The sweeping enforcement actions will be a watershed event for TD Bank's U.S. subsidiary, which had previously been a promising growth engine.

Los Angeles dispute resolution platform Ejudicate was banned by the Consumer Financial Protection Bureau for forcing borrowers into arbitration with an affiliated creditor.

The Federal Reserve Bank of Chicago president stuck by his view that the U.S. central bank has moved past its singular focus on price pressures.

In an exclusive poll, 44% of American Banker readers backed former President Donald Trump's bid for the presidency but thought that current Vice President Kamala Harris had a better shot at winning.

Federal Reserve Vice Chair Philip Jefferson discussed the history of the central bank's last-resort lending facility. He characterized the Fed's latest outreach as part of a century-long effort to fine-tune the discount window.