Policy & Regulation

A split Congress starting in January will likely result in total legislative gridlock – which actually works both for and against credit unions.

Regulators typically write rules before applying them. But the CFPB is attempting the reverse.

Democrat Maxine Waters, in line to take over the House Financial Services Committee, told colleagues she would undertake a deep dive into President Trump's "money trail," beginning with ties to Deutsche Bank.

NCUA Chairman Mark McWatters discussed some of the biggest issues facing the industry during a recent address at the California and Nevada CU Leagues' annual conference.

The Financial Accounting Standards Board is considering a plan to have banks break out charge-offs and recoveries on a year-by-year basis. Bankers fear new systems would be needed to comply.

A new group aims to foster collaboration between fintechs and state and federal officials in the fight against crime — without hindering legitimate business innovation.

The central bank's top regulator said public comments about the new tool, used to gauge capital strength during stress tests, will likely result in changes before it is adopted.

The revised blueprint by Moelis & Co. LLC incorporates a pending regulatory capital plan for the mortgage giants.

At the California and Nevada CU Leagues' annual REACH conference in Hollywood, credit union executives offered their take on how the 2018 election could impact the industry.

The Nashville, Tenn., company had opposed a request by Gaylon Lawrence to boost his ownership to 15%.