Policy & Regulation

Merchants can't pass the blame for data breaches onto financial institutions because protecting consumers is a shared responsibility where both sides have to meet their responsibilities.

President Obama's announcement of a new retirement plan for low- to middle-income Americans in his State of the Union address drew scorn from advisors who say many big questions remain to be answered.

Richard Berner, director of the Office of Financial Research, on Wednesday tried to assuage fears by Republican senators that a recent report on the asset management industry could serve as the basis for a designation that such firms are systemically important.

House lawmakers passed a huge agriculture bill Wednesday morning, after political gridlock on key measures like food stamps stalled proceedings for more than two years.

Sunrise Bank in Cocoa Beach, Fla., has been freed from an enforcement order from the Federal Reserve Board.

WASHINGTON — The Federal Reserve on Wednesday took another step in its effort to scale down a controversial bond buying program by an additional $10 billion.

Bankers think the regulatory environment is bad already, but it could get worse as regulators crack down harder on rules violators, hold directors and foreign banks to stricter standards and tackle "too big to fail," a top banking lawyer says.

WASHINGTON — The Consumer Financial Protection Bureau is charging PHH Corp. for running a mortgage insurance kickback scheme for more than a decade.

Crazy Woman Creek Bancorp (CRZY) in Buffalo, Wyo., is planning to convert to a state charter and repurchase preferred stock it issued to the Treasury Department under the Troubled Asset Relief Program.

It's still unclear what New York's planned "BitLicense" actually is, but the New York Department of Financial Services says its license is meant to encourage Bitcoin businesses to operate and innovate in the state.