Policy & Regulation

WASHINGTON — The Federal Reserve Board will meet Tuesday to vote on the Basel III capital and liquidity rules to be applied to U.S. banks, the central bank said Thursday.

Peter Aceto, the CEO of ING Direct Canada, joined the "Daily Show" in a spoof of bank regulation, but his appearance wasn't all laughs.

Show me an industry with artificially high barriers to entry, and you will almost certainly find dissatisfied customers paying higher prices to large, protected providers.

Institutions need to realize that, given the relative health of their asset portfolios and the current regulatory environment, valuations and deal prices will be below historical averages.

Merchants are expressing concern about the U.S. transition to EMV-chip payment cards because of what they view as technical challenges and industry politics.

Former Rep. Barney Frank, who served as chairman of the House Financial Services Committee from 2007 to 2011, was presented Tuesday evening with an official portrait that will hang in the Rayburn committee room.

The Consumer Financial Protection Bureau finalized a rule Wednesday that expands its supervisory authority to begin selectively examining nonbank entities.

Sheila Bair, the former Federal Deposit Insurance Corp. chairman, urged Senate leaders to confirm Richard Cordray as director of the Consumer Financial Protection Bureau at New York's Bryant Park Tuesday.

The House Financial Services Committee wrestled with concerns over "too big to fail" on Wednesday, pressing current and former regulators, including Richard Fisher and Sheila Bair, on how the Dodd-Frank Act could be improved to prevent future bank bailouts.

Issuers are adding another layer of protection at a time when lawmakers are examining how to wind down Fannie Mae and Freddie Mac and bring private capital back into the mortgage market.