Policy & Regulation

Sen. Bernie Sanders' victory in New Hampshire will undoubtedly boost his campaign, but his plan to cap interest rates for credit card and other consumer loans at 15% won't help anyone in the short term and could potentially wreak havoc on low-income people in the long term. Here's how.

The proposal is unlikely to pass, but does shed light on the administration's plans for housing finance reform, how it views cybersecurity progress and a proposed tax on bank liabilities that could become a reality if a Democrat takes the White House in November.

Broadway Financial in Los Angeles has been released from an enforcement action administered by the Federal Reserve.

Bankers, irate with the NCUA's plan to expand field-of-membership for certain credit unions, are flooding the agency with comment letters. The NCUA has received 10,500 total letters, or more than triple the previous record for such responses.

Ted Tozer, president of the Government National Mortgage Agency, wants more hands to monitor the growing number of nonbank MBS issuers.

U.S. Bancorp agreed to pay $10 million while Banco Santander settled for $3.4 million following missteps in how they handled earlier orders from regulators to fix faulty foreclosure practices, according to the Office of the Comptroller of the Currency.

Stephen Steinour, chief executive of Huntington Bancshares in Columbus, Ohio, has pursued a risky strategy of taking losses in exchange for adding new customers, the Cleveland Plain Dealer reported.

A bipartisan group of lawmakers is poised to introduce a bill Tuesday that would streamline quarterly call reports in an effort to help ease the compliance burden on the community banks.

Overhauling the S&L crisis-era method for intervening in struggling banks, which did not live up to expectations during the 2008 meltdown, should be a higher priority.

The U.S. could be the next country to introduce gender quotas for corporate board members and nominees.