Policy & Regulation

The Federal Reserve Board released its second annual round of stress tests mandated by the Dodd-Frank Act on Thursday, providing a glimpse into how the country's biggest firms would fare under a hypothetical economic crisis.

WASHINGTON — The Consumer Financial Protection Bureau released a report Thursday showing consumers are being "hounded" by debt collectors, adding more fuel to the fire in the agency's efforts to crack down on the industry's bad actors.

Activist investor Carl Icahn, who has been calling for eBay to spin off PayPal, is now asking for eBay to conduct a partial initial public offering of the payments processor.

QR codes, which are commonly used in mobile wallets to link to a consumer's payment account, can just as easily link to phishing sites, malware and other nasty surprises.

Federal Reserve Board Chair Janet Yellen on Wednesday suggested policymakers could begin to lift interest rates roughly six months after the central bank winds down its bond buying program this fall — a timeline that pointed to spring of 2015.

Regulators are laser-focused on compliance, particularly when reviewing merger applications. Associated, recently freed from an enforcement action, could use its clean bill of health to woo sellers.

Consumer advocates clashed with representatives of the data broker industry about whether to regulate certain kinds of credit scores and other data that may fall in between the cracks of existing laws.

Discover Financial Services awarded Chief Executive Officer David Nelms a 2013 cash bonus that was 38 percent less than the previous year.

This behind-the-scenes attempt to shut down legal tribal businesses represents a total departure from more than a century of respect for, and engagement with, tribal governments as partners and co-regulators on issues ranging from law enforcement to economic development to education.

WASHINGTON — The Federal Reserve Board on Wednesday took yet another step in unwinding its bond buying program, paring it to $55 billion.