Policy & Regulation

WASHINGTON — Nearly two-dozen senators are seeking data the Consumer Financial Protection Bureau used as the basis for warning auto lenders they could be committing fair-lending violations.

The Consumer Financial Protection Bureau got a confirmed director for the first time this year, when the Senate finally approved the longstanding nomination of Richard Cordray for the post. But the agency has also sustained the departures of high-ranking employees to law firms, consulting shops, banks and other destinations. Here's a look at some of the CFPB employees who have left in 2013, and where they have landed.

Another big law like Dodd-Frank could be harmful to the mortgage market, but an incremental approach to housing finance reform might be the perfect solution.

Three federal home loan banks dropped their opposition to Bank of America's $8.5 billion settlement in a New York state court lawsuit over Countrywide residential mortgage backed securities.

WASHINGTON - State regulators in Florida closed the $25 million-asset Bank of Jackson County, located in Graceville, the 23rd institution to fail this year.

The House passed the Swaps Regulatory Improvement Act that would reduce the restrictions under section 716 of the reform law, which required banks to spin off risky swaps out of depository institutions to subsidiaries and affiliates. The measure passed the chamber by a bipartisan vote of 292-122, including 70 Democrats.

WASHINGTON — The Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency on Wednesday officially signed off on a joint proposal with the Federal Reserve Board that would implement new liquidity risk standards for large banks.

JPMorgan Chase’s reported attempt to get the FDIC to pay part of its settlement with the government is yet another chapter in a long-running dispute over the 2008 resolution of Washington Mutual.

Rep. Mel Watt, D-N.C., faces an uphill confirmation battle this week to head the Federal Housing Finance Agency, but it's unlikely to be the end of that war.

WASHINGTON — Federal policymakers on Wednesday agreed to postpone unwinding their current bond buying program until amassing further evidence of a strengthened economic recovery.