Policy & Regulation

Disagreements between Democrats and Republicans on the House Financial Services Committee over a GOP-backed housing plan offered a sharp contrast with bipartisan efforts in the Senate.

It might take "another year from now" to finish Dodd-Frank rules that seek to end "too big to fail," Federal Reserve Chairman Ben Bernanke said. That was a slower timetable than that given by Treasury Secretary Jacob Lew.

The U.S. Government Accountability Office has agreed to Sen. Mike Crapo's July 2 congressional request to examine the data collection efforts at the Consumer Financial Protection Bureau.

Deposit costs lagged short-term interest rates on the way up and the way down during the last cycle. A relatively large representation of long-term certificates of deposits could help as rates rise.

An emphasis on capital to the exclusion of all else is, at best, misleading and, at worst, harmful to the banking business model.

The Senate's proposal to reinstate Glass-Steagall is giving new fuel to the debate over breaking up big banks, and illuminating how much companies like JPMorgan Chase and Citigroup have to lose from the mounting pressure to become smaller and to separate their commercial and investment banking activities.

WASHINGTON — The U.S. Government Accountability Office has agreed to a congressional request to investigate the massive data collection efforts at the Consumer Financial Protection Bureau.

The Senate Banking Committee, voting along party lines, approved the nomination of Rep. Mel Watt, D-N.C., on Thursday to become director of the Federal Housing Finance Agency.

After years of government and telco-backed testing of contactless mobile payments in France, a major bank is ready to provide a significant boost to the country's Near Field Communication project.

American Express does not expect the discount rate it charges merchants to fall under the jurisdiction of regulations being considered by the European Union to place caps on interchange fees.