Policy & Regulation

Sen. Mike Crapo, the top Republican on the Senate Banking Committee, is asking the Government Accountability Office to look into the Consumer Financial Protection Bureau's data collection efforts.

The former president of the failed Mutual Bank in Harvey, Ill., has been banned from the banking industry by the Federal Deposit Insurance Corp.

The Federal Reserve Board on Tuesday met to vote on a final Basel III package, which represents the most significant overhaul of regulatory capital requirements for U.S. institutions.

Regulators are challenging banks’ relationships with disfavored businesses, citing the endlessly adaptable concept of reputation risk rather than law or regulation.

Two officers of an Arizona mortgage lender are going to prison for defrauding a Troubled Asset Relief Program recipient.

Members of the EMV Migration Forum are recommending a single common debit code for EMV transactions in the U.S. and plan to provide details later this summer for how the payments industry can implement it.

During the heyday of deregulation, Gerald Corrigan argued that banks' unique functions required a unique level of supervision and protection. The former Fed official's essay remains as relevant as ever.

JPMorgan Chase has stopped selling most of its bad loans to third-party collectors in recent months as it braces for regulatory action over its credit card debt collections practices.

As the Federal Reserve Board gets set to vote on a final package of Basel III capital rules at a meeting Tuesday, it remains unclear just how far regulators will go to placate community bankers outraged by the proposal offered last year.

Mutual thrift defections from the Office of the Comptroller of the Currency should decline now that once-nervous bankers have gotten a chance to get familiar with the regulator.