Policy & Regulation

Mary Miller, a top Treasury official, on Monday sought to dispel the idea that regulators were moving quickly to label asset management firms as systemically important, saying they are still in the early stages of determining the risks posed by the industry.

Regulators' recent moves to encourage mortgage lenders to relax standards have reignited a contentious debate.

Banks that fail to comply with employment regulations leave themselves open to expensive lawsuits and bruised reputations.

San Antonio Mayor Julian Castro is in line to head the Department of Housing and Urban Development, part of an administration reshuffling that would bring a Democratic up-and-comer to President Barack Obama's cabinet.

Illinois state regulators closed the $66.3 million-asset AztecAmerica Bank in Berwyn on Friday.

State regulators quizzed bankers and payments executives about the benefits and risks associated with improvements to the payments system, including same-day transactions. The industry officials assured them the new system would be secure — though they were short on details.

A recent oil and gas boom in Texas that has captivated banks' attention is also drawing the eye of regulators as they become concerned how far institutions will go to win loans and hire specialists within the energy industry.

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

The normally even-keeled moderate Sen. Mark Warner warned fellow Democrats voting against a housing finance reform that when Fannie and Freddie need another taxpayer bailout, it will be their fault.

Democratic lawmakers on the Senate Banking Committee sounded off against bipartisan legislation to overhaul the mortgage finance system on Thursday, opposition that likely all but ruins the bill's chances of making it to the chamber floor this year.