Opinions

Ranking members named by the GOP to the Senate Banking Committee's subcommittees include Sen. Mike Johanns of Nebraska and Sen. Patrick Toomey of Pennsylvania.

Consumer credit reports contain many errors, causing some consumers to pay higher rates for loans, the Federal Trade Commission said Monday.

A new federal rule issued by the Department of Housing and Urban Development on housing discrimination will likely make it harder for banks to prevail in fair-lending disputes.

Federal Reserve Board Vice Chair Janet Yellen said Monday that policymakers continue to face a significant number of headwinds that have stalled often "forceful" efforts by the central bank to jump start an economic recovery.

The Consumer Financial Protection Bureau will require some mortgage servicers to develop general plans for avoiding complications arising from the transfer of servicing rights.

President Obama has given just three official State of the Union addresses (and one unofficial one in 2009), but bank policy has been a sizable part of them, particularly in the early part of his presidency. With the next State of the Union scheduled for Tuesday evening, we look at Obama's past rhetoric against big banks as well as policy proposals and how they fared.

Individuals who blew the whistle on a mortgage fraud scheme that ended up costing JPMorgan Chase (JPM) $296 million in fines have about three months to prove that their information helped lead to the settlement with federal regulators.

Karen Mills is stepping down as the head of the Small Business Administration. On her watch the agency supported $106 billion of loans to small businesses, including a record $30.5 billion in fiscal year 2011.

Rep. John Campbell, R-Calif., plans to offer legislation aimed at reducing the size of "too-big-to-fail" banks by requiring them to hold more capital including long-term debt.

Most of the losses banks have caused and suffered could be greatly reduced or eliminated without relying on complex regulations and elaborate risk management. Just promulgate and enforce one simple rule: we tolerate no lying.