Policy & Regulation

A proposed 50% expansion to the Low Income Housing Tax Credit program would yield new opportunities for banks to finance development projects and meet their Community Reinvestment Act obligations.

The Federal Reserve Wednesday fined Goldman Sachs $36.3 million in civil penalties and moved to bar a former executive from the banking industry in connection with a leak of supervisory information from the New York Fed in 2014.

JPMorgan Chase has reached a settlement with Indiana regulators related to its asset management business, and now other states are expressing interest in how Indiana built its case.

WASHINGTON — Federal bank regulators issued guidelines Tuesday for submissions outlining workplace diversity initiatives.

WASHINGTON — President Barack Obama has signed a housing reform bill that will open the door for welfare recipients to use federal rent vouchers to purchase manufactured homes and become homeowners.

WASHINGTON — State bank associations threw their support behind a regulatory relief bill on Tuesday in hopes the legislation can gain traction in the Senate.

The Federal Deposit Insurance Corp. is raising concerns about potential spillover effects from depressed oil prices even as banks had sounded more optimistic. Tougher capital requirements for energy lenders could be on the horizon.

WASHINGTON — Regulators announced Tuesday that they are giving large banks with less than $100 billion in assets an additional year to file their living wills.

The Consumer Financial Protection Bureau added its voice Tuesday to a chorus of other regulators in calling for sustainable foreclosure relief when the Home Affordable Modification Program expires at yearend.

In a political season teeming with tension around income inequality, racial economic disparities and animus toward the banking industry, reforming the Community Reinvestment Act seems like it should be a cornerstone of the debate. Yet the law has been almost entirely absent from the discussion. Here's why.