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Democratic front-runner Hillary Clinton is increasingly on the defensive when asked why so many banks and hedge funds on Wall Street have given her money, insisting it doesn't influence her tough reformist views. But it raises the question what institutions hope to gain with all their money.
February 4 -
The amount of complaints in the Consumer Financial Protection Bureaus database dealing with payday loans is relatively small, so why is the proposal to regulate payday lenders so sweeping?
February 4
Community Financial Services Association of America -
Louise Roseman, the longtime head of the Federal Reserve's payment systems division, plans to retire this year.
February 3 -
Wells Fargo's tentative agreement to pay $1.2 billion to resolve claims by the Justice Department that it made shoddy FHA loans is bad news for other banks that are the targets of similar probes.
February 3
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The Consumer Financial Protection Bureau should have direct oversight of auto dealers instead of being forced to go through indirect auto lenders to make changes to the market, Sen. Elizabeth Warren, D-Mass., suggested Wednesday.
February 3 -
The Consumer Financial Protection Bureau stepped up efforts Wednesday to encourage banks to offer simple checking and savings accounts, but many institutions said it is regulations and other factors that are preventing them from reaching the underbanked.
February 3 -
The House approved a bill 427-0 that would revamp the Federal Housing Administrations condominium loan program and expedite the approval process for Rural Housing Service guaranteed loans.
February 3 -
Wells Fargo & Co., the largest U.S. home lender, agreed to pay $1.2 billion to resolve claims related to its Federal Housing Administration mortgage practices.
February 3 -
The Consumer Financial Protection Bureau chided the industry Wednesday that too few institutions offer checking accounts that discourage or prevent overdraft charges, and those that do have not advertised them.
February 3 -
WASHINGTON The current financial regulatory structure is ill-suited for innovation, but a legislative effort to fix that may still be a long way off, according to top House Republican lawmakers.
February 2
