Policy & Regulation

Reducing the number of Home Loan banks would lower the cost of advances for community banks, leaving them with more money to lend out to their communities.

WASHINGTON — The Consumer Financial Protection Bureau has yet to issue broad rules for payday lenders, but the bureau's $10 million settlement with ACE Cash Express Thursday sends another strong message about the practices it may target.

In his first policy speech, Federal Reserve Board Vice Chair Stanley Fischer highlighted strides regulators have made since the crisis, but said more progress is necessary.

The Consumer Financial Protection Bureau settlement with ACE Cash Express Thursday sends another strong message about practices it may target in industry rules.

John Delaney, D-Md., John Carney, D-Del., and Jim Himes, D-Conn., introduced a new housing bill Thursday designed to provide an explicit government backstop for the market but still increase private sector participation.

The Consumer Financial Protection Bureau has reached a $10 million settlement with payday lender ACE Cash Express over allegations that it used illegal debt collection practices.

Large bank holding companies defy both effective management and effective regulation. The solution is to allow shareholders of each company's subsidiary to choose its management and judge its performance.

Julian Castro, who was confirmed as the new secretary for housing and urban development, is bound to face continued industry lobbying to lower premiums paid to the Federal Housing Administration.

Rep. Maxine Waters, D-Calif., is warning that a key House appropriations bill risks undercutting regulators' ability to oversee the financial system.

WASHINGTON — The Office of the Comptroller of the Currency on Wednesday issued a final rule increasing examination fees for large institutions.