Policy & Regulation

The Federal Reserve should require community groups to disclose the contributions they receive from banks in order to ensure that controversial mergers receive fair public hearings.

The Consumer Financial Protection Bureau has ramped up its push for the mortgage industry to switch to an electronic closing process after results from a pilot program showed consumers favored it over in-person mortgage closing.

Capital One Financial in McLean, Va., has been hit with an enforcement action by federal regulators for deficiencies in anti-money laundering compliance that were connected to a former check-cashing business.

WASHINGTON — The Office of the Comptroller of the Currency named senior bank examiner Linda Cunningham as its first chief risk officer on Wednesday.

More than a dozen Senate Democrats introduced legislation Wednesday that would prohibit employers from requiring job applicants to supply their credit histories.

The costs incurred by the Consumer Financial Protection Bureau in renovating its offices were in line with similar projects taken on by other agencies and not extravagant, according to the agency's inspector general.

The central bank appears to believe the U.S. economy remains so fragile that it cannot withstand the mildest of rate increases. There's no better testament to the inefficiency of the Fed's monetary policies.

H&R Block said it received regulatory approval to sell its bank unit to BofI Federal Bank and expects to exit Federal Reserve oversight.

Federal Deposit Insurance Corp. Vice Chairman Thomas Hoenig on Tuesday reiterated his plan for banks that stick to "traditional" banking models and maintain high capital ratios to receive eased regulatory requirements, but added an extra incentive to the mix.

NCR Corp. said the U.S. Securities and Exchange Commission doesn't intend to recommend enforcement action against the company over 2012 allegations of foreign business violations.