Policy & Regulation

WASHINGTON — The Consumer Financial Protection Bureau is already the busiest federal bank regulator in recent memory, but with a Senate-confirmed director finally at the helm two years after the bureau's launch, it's only going to get more aggressive.

With Richard Cordray here to stay, the Consumer Financial Protection on its second anniversary is poised to expand rules, accelerate enforcement actions and resolve looming staff uncertainties.

Three years after the passage of the Dodd-Frank Act, regulators are quick to assent with one another on one thing: coming to an agreement over joint rules has become quite the obstacle.

A legal-support firm under investigation by the Consumer Financial Protection Bureau is accusing the CFPB of overstepping its bounds in demanding personal information about the firm's clients.

The House Financial Services Committee plans to mark up legislation Tuesday to wind down Fannie Mae and Freddie Mac and replace them with a system primarily driven by the private sector.

An upcoming dividend rate increase on shares issued under Tarp could prompt more banks to find buyers.

Two new bills in Congress would undermine Dodd-Frank’s ability-to-repay rule and recreate incentives for lenders to steer families into high-risk, high-fee loans they do not understand and cannot afford.

The Indiana Attorney General’s Office filed a lawsuit to recover $83,000 from a Spencer County (Ind.) woman they say misappropriated North Spencer County (Ind.) School Corp. funds from 2007 to 2013.

With the completion of Basel III final rules, regulators have at least fulfilled a Dodd-Frank Act requirement to raise capital standards. But as the financial reform law approaches its three-year anniversary on July 21, only 40% of the roughly 400 required rules have been finalized while nearly 32% have not even been proposed, according to the law firm Davis Polk.Following is a list of some of the top Dodd-Frank rules that have not yet been completed.

The Senate's latest proposal to break up the big banks faces an uphill battle, but FDIC Vice Chairman Thomas Hoenig still says it could have a major impact on the movement to separate big banks' commercial and investment activities.