Opinions

The Texan presidential hopeful must learn to put policy over hyperbole when he speaks about Ben Bernanke or the Federal Reserve.

WASHINGTON — Democratic Rep. Gary Ackerman plans to introduce legislation aimed at jumpstarting the housing market by providing two new enticements to homebuyers.

After 15 years at the helm of the state regulatory group, Neil Milner will step down Sept. 1, while his long time deputy will take his place.

Those tech companies provide an allocative service with fewer employees, but they also don't have regulators and don't need retail branches. Perhaps Apple's the better benchmark.

As if the financial system needed more challenges, there is a huge one lurking that never goes away: keeping data secure. Because our current market and economic predicament has presented a barrage of other risks that are perceived as more immediate, securing customer and corporate data too often remains at the bottom of the triage list.

Deals will stall in the short term as volatility complicates stock-related transactions and creates uncertainty. But a low-rate environment will crimp growth and ultimately drive consolidation.

WASHINGTON — The U.S. Chamber of Commerce is claiming the Consumer Financial Protection Bureau has overstepped its bounds by soliciting comments on its nonbank supervision program.

Standard Bank Ltd. in South Africa is slashing the minimum monthly repayment rate across all its credit cards to help customers manage their expenses more efficiently, the issuer announced August 11.

In a blog post, top administration official disputes media report that it has decided on the future of housing finance reform.

In comment letters to the regulators, the largest banks offered a litany of complaints about the plan, saying it fails to define key terms, is overly broad and includes some unworkable provisions.