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The Consumer Financial Protection Bureau is clamping down on student loan lenders and servicers that automatically default on loans when a co-signer declared bankruptcy or dies. Because private student loans are often sold and securitized, some companies' promises to eliminate so-called "auto defaults" are not being upheld.
March 9 -
Federal Reserve Board Gov. Lael Brainard's contributions to Hillary Clinton's 2016 presidential campaign is drawing the ire of some members of Congress who already question federal regulators' political autonomy.
March 9 -
Regulators want to know how banks are planning for the future, particularly in the face of competitive threats such as marketplace lending and added scrutiny over the use of third-party vendors.
March 9 -
There is an urgent need for the Financial Crimes Enforcement Network to bring its process for issuing civil money penalties and cease-and-desist orders in line with the other bank regulators.
March 9
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The "too big to fail" debate raises a critical question that is seldom asked, much less answered: Do megabanks serve a critical function that justifies their undeniable risk to the financial system?
March 8
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The Office of Financial Research released a study showing that the Federal Reserve's stress testing models may be undercounting banks' exposures to credit default swaps by not considering indirect exposures.
March 8 -
Richard Hunt, the president of the Consumer Bankers Association, issued a rare call-to-arms to bankers to stand up against the negative portrayal of banks by politicians on the campaign trail.
March 8 -
Hillary Clinton edged out Donald Trump in a mock election poll Tuesday at the Consumer Bankers Association conference, winning 52% to 48%.
March 8 -
Policymakers need to closely study whether new regulations are hampering liquidity in the fixed-income market, a prominent banker and regulators said Monday.
March 7 -
The Consumer Financial Protection Bureau's move to collect complaints about online marketplace lenders is a sure sign it is laying the groundwork for rules or enforcement actions against the industry.
March 7
