Opinions

WASHINGTON — Under a federal rule approved Monday, regulators will use a "two-stage process" to decide whether certain companies that facilitate clearing transactions are systemically important.

With the administration choosing someone to lead the Consumer Financial Protection Bureau who may draw more GOP opposition than Elizabeth Warren, some insiders speculated the White House may be open to compromise over the bureau's structure to win confirmation for Richard Cordray.

A trio of Colorado congressmen — Ed Perlmutter, Mike Coffman and Scott Tipton — are sponsoring the Capital Access for Main Street Act.

WASHINGTON — Facing an aggressive implementation schedule for the Dodd-Frank Act, regulators made some progress on key issues, but left some of the biggest ticket items lagging behind.

Prepaid card issuer MetaBank will pay $4.8 million to customers under an order from regulators in the latest fallout from a discontinued high-interest, small-balance loan product.

Prepaid card issuer MetaBank will pay $4.8 million to customers under an order from regulators, in the latest fallout from a discontinued high-interest, small-balance loan product.

The final parameters of an antitrust settlement submitted to a federal court in New York Friday by the Department of Justice promises to give merchants and cardholders more choices when paying for goods and services by preventing Visa and MasterCard from enforcing anti-steering bylaws.

Richard Cordray, the enforcement chief at the Consumer Financial Protection Bureau, will be named to lead the new regulator, the Obama administration said Sunday.

Federal Reserve Board Chairman Ben Bernanke and Rep. Ron Paul, R-Texas, agree on few things, if any.

To allow members of the House Financial Services Committee to attend hearings, don't be surprised if the panel starts announcing meetings in Iowa and New Hampshire.