Policy & Regulation

In a speech Monday, Shaun Donovan said a housing trust fund must be part of housing finance reform legislation, including at least $5 billion a year to preserve and increase the supply of rentals for low-income families.

Lack of bank transparency makes it difficult to see the extent of bank exposures to emerging markets and whether financial firms are adequately capitalized to withstand unexpected losses from this market turmoil … or any other.

Some U.S. banks are tightening standards on leveraged loans as they seek to comply with new restrictions by regulators, according to a survey of loan officers released Monday by the Federal Reserve Board.

Federal legislation is needed to enhance cyber-threat information sharing so that good-faith responsive actions and information sharing will not trigger legal liability.

Maria Contreras-Sweet, selected to succeed Karen Mills at the Small Business Administration, has a background in lending to Hispanic groups and women. But bankers hope she'll focus on shifting the SBA to more online loans.

Seven industry trade groups representing the largest U.S. financial institutions are calling on U.S. regulators to revise a proposed liquidity requirement to reflect changes made by global regulators.

Under current conditions, bank executives would be crazy to hold back. If they get caught, they can pay their way out of the problems with shareholders’ money. And if their misdeeds pay off as expected, the profits will goose their pay.

Sen. Elizabeth Warren, D-Mass., said a financial services model for the U.S. Postal Service -- proposed in a recent inspector general's report -- should be considered in light of high costs facing the underserved.

Janet Yellen officially became Fed chair on Monday as former chairman Ben Bernanke announced his next steps.

The Fourth Circuit of Appeals in North Carolina ruled Friday that a previously dismissed class action case centering on language in collection letters should be returned to the district court for further action.