Policy & Regulation

The Senate confirmed economist Stanley Fischer to the Federal Reserve Board Wednesday afternoon.

Federal Reserve Board Chair Janet Yellen on Wednesday bestowed some advice to New York University's 2014 graduating class, telling them to be curious, listen to others and accept that failure is going to happen.

Before the FSOC or other agencies start to impose capital requirements on nonbank financial companies, let's make sure we understand the business models and the risks that these firms actually take.

A task force of state and federal authorities set up in 2012 to probe the mortgage-bond sales that fueled the financial crisis has "more than a dozen ongoing investigations," Michael P. Stephens, the acting inspector general for the Federal Housing Finance Agency, said.

If banks and supervisors are serious about achieving regulatory excellence, they need to make the people in charge of product lines take ownership of compliance.

New York Attorney General Eric Schneiderman asked a judge to dismiss American International Group Inc.'s lawsuit against the state's top financial regulator, saying the insurer is trying to interfere with a probe of unlicensed overseas insurance sales.

The Senate voted to end debate Tuesday evening on the nomination of Stanley Fischer to serve as vice chairman of the Federal Reserve Board.

The consensus on Twitter is that a $2.6 billion fine for helping wealthy Americans evade taxes is not punishment enough for the Swiss banking giant.

The Justice Department likely hopes that Credit Suisse's guilty plea to a criminal charge will squash the idea that some large institutions are too important to the economy to prosecute. But experts say the issue is more complicated than that, arguing that the debate will live on. Here's why.

The Consumer Financial Protection Bureau is urging companies that use credit scoring models to treat medical debt differently than other debt.