Opinions

The Senate voted 66-33 to approve Federal Reserve Vice Chairman for Supervision Randal Quarles for a full 14-year term on the central bank's board.

Comerica faced aggressive questioning Tuesday about how it could use freed-up capital now that it’s no longer considered a systemically important financial institution. It won’t be the last small regional to get such a grilling this earnings season.

Other aggregators came to the bank's defense, while one CEO suggested Plaid's very public protest was unfounded.

The central bank has encountered criticism for allowing three banks to direct funds to dividends and buybacks even though their capital levels fell below required minimums.

As part of a capital-formation bill, House lawmakers are attempting to sprinkle in a handful of provisions to ease the industry’s burden.

CUNA and NAFCU have asked the bureau to stop publishing consumer complaints and allow NCUA to handle that process for credit unions.

A federal appeals court in Texas agreed with Fannie Mae and Freddie Mac shareholders that the FHFA, led by a single director, violates the separation of powers.

The regulatory relief law passed this spring contained a measure to stop synthetic fraud, but the provision is incomplete.

The chairman of the Federal Reserve is testifying before Congress this week, where he will likely face tough questions about the agency’s decision to let two banks slide on their exams late last month.

The Bank Policy Institute was formed following the merger of The Clearing House Association and the Financial Services Roundtable.