Opinions

Team,

Rather than pushing hard for repeal, congressional Republicans are taking a small-bore approach in their opposition to the 2010 reform law.

A minimum credit score would not cap or regulate risk, or even measure it consistently. Instead it would ensure that the risk floor for QRMs would actually fluctuate.

If I came across a borrower who is deep in debt and whose obligations exceed their income and yet continues to borrow to service those obligations, I would not consider them a good risk.

WASHINGTON – The Senate Banking Committee will hold a hearing next Thursday on the nomination of Richard Cordray to head the Consumer Financial Protection Bureau.

Market evolution in recent decades has made it harder and harder for smaller institutions to access capital. Meanwhile, regulatory restrictions impede alternatives that could fill the void.

Under the Dodd-Frank Act, the National Futures Association is set to take on a good deal more authority over the swaps and derivatives market.

Herb Allison recently spoke to American Banker about his new e-book, "The Megabanks Mess." Here is an edited transcript of the interview:

The agency's final rule contains glaring legal errors and whitewashes the role preemption played in enabling the lending excesses that precipitated the crisis.

Hell-bent on protecting its dominant share of the U.S. debit card market amid new regulations, Visa Inc. introduced pricing incentives for merchants to route more transactions over its network.