Policy & Regulation

Sendhil Mullainathan, the former head of research at the Consumer Financial Protection Bureau, speaks in an interview about when it's appropriate, and when it's not, for the government to try to influence consumer behavior.

The Consumer Financial Protection Bureau's new remittance rule has caused lenders to argue for months, wondering if the rule would cause rates of international wire transfers to increase.

A Federal Reserve study has added new urgency to mortgage lenders' search for a way to navigate between the qualified mortgage rule and fair lending statutes. American Banker staffers discuss.

CFPB Director Richard Cordray said Tuesday that some lenders' concerns about meeting the deadline for new mortgage rules are warranted but not their fears over legal protections in complying with the regulations.

The Federal Deposit Insurance Corp. took action against 10 banks in September and released 13 from enforcement actions.

Given her philosophy, Janet Yellen is likely to continue the Federal Reserve’s highly accommodative monetary policy as chairman. That is worrisome.

Industry observers are bracing to see whether the cost of international wire transfers will skyrocket once a new Consumer Financial Protection Bureau rule goes into effect starting today.

Optimal Payments Plc, which is based in Isle of Man, has registered with the New Jersey Division of Gaming Enforcement to provide services to Internet gambling businesses licensed by New Jersey.

In September, regulators seized the largest institution to be closed in over three years, the $3.1 billion-asset First National Bank in Edinburg, Texas, throwing cold water on the idea that only the smallest banks are vulnerable now to failure.

Bankers facing the futility of trying to repeal new rules have moved on to other tactics—including, in some cases, acceptance of the new oversight regime.