Policy & Regulation

Citigroup may reach an agreement with federal prosecutors as early as next week to resolve a probe into sales of mortgage-backed bonds before the 2008 financial crisis, a person familiar with the negotiations said.

The Senate Intelligence Committee on Tuesday approved a bill that would expand information-sharing between the public and private sectors about cybersecurity threats.

Rep. Darrell Issa on Tuesday accused the Justice Department and FDIC of letting the anti-fraud crackdown called Operation Choke Point interfere with legitimate banking business. He also said that legal pot businesses should have access to the banking system.

Nearly six months into her first term as Federal Reserve Board chair, Janet Yellen has sought to put financial stability on nearly equal footing as monetary policy.

The Consumer Financial Protection Bureau is allowing lenders to skip "ability-to-repay" rule when transferring a loan to the kin of a deceased borrower or for other life events.

Unless we return the Farm Credit System to its original mission, taxpayers could be on the hook for a bailout in the near future and farmers’ access to credit could be reduced, writes Rep. Marlin Stutzman.

Amex has rules that bar merchants from steering their customers to a particular card – perhaps by offering a discount if you use Visa – and the government alleges that these rules violate antitrust law. What’s this case all about? American Banker's editors discuss.

The CFPB should prohibit financial institutions from reordering transactions to maximize overdraft fees, require that fees be proportional to a bank’s costs to provide the loan and ban providers of prepaid cards from offering overdraft loans altogether, according to Susan Weinstock of The Pew Charitable Trusts.

Wall Street's biggest trade group has proposed a government-industry cyber war council to stave off terrorist attacks that could trigger financial panic by temporarily wiping out account balances, according to an internal document.

American Express charges the highest average fees of any card network and Amex’s rules prevent retailers from taking steps to reduce those costs, the Department of Justice argued in court on July 7.