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Obama's plan to pay for expanded refis turns heads, but similar proposals for bank fee have fallen flat before.
January 25 -
Financial firms have plenty of grips about the Consumer Financial Protection Bureau but appear to be withholding legal challenges until the new agency takes specific actions they find objectionable.
January 25 -
Washington Mutual Inc. Wednesday persuaded a bankruptcy judge to consider wiping the slate clean of allegations that major hedge funds engaged in insider trading during the $7 billion bankruptcy.
January 25 -
The central bank has held the federal funds rate near zero for over three years and intends to keep it there. Negative consequences are inevitable and policymakers' ability to manage them far from certain.
January 25 -
The Treasury Department said Wednesday it has completed the sale of pools of securities backed by small business loans, marking the end of another piece of the Troubled Asset Relief Program.
January 25 -
Speech includes plan to remove "red tape" for borrowers, and efforts to investigate those responsible for financial crisis.
January 24 -
GOP legislators raise issues surrounding recess appointment but hearing remains cordial.
January 24 -
Data published this month provides support for criticism of the small business lending program as a backdoor exit from Tarp for small banks. Institutions that used SBLF capital to refinance bailout infusions increased such loans at far lower rates than peers.
January 24 -
Corker blasts the effects of the trading ban on the private market, noting that the government exempted its own bonds.
January 24 -
Alex Pollock's "Let's Put Checks and Balances on CFPB" is spot on describing the enormous danger of a politically unchecked CFPB lording over consumer financial services, and what animates its champions. They believe the financial services industry is rapacious and untrustworthy, a great many of their countrymen are not fully competent to make their own ("the right") choices selecting consumer financial products, and unconstrained regulatory mandarins produce better outcomes than lightly regulated markets.
January 24





