Policy & Regulation

The American Bankers Association announced Feb. 12 that Jason Kratovil has been hired as vice president and deputy executive director for the ABA's Card Policy Council. His first day is Feb. 19.

A report by the Center for Responsive Politics' OpenSecrets blog highlights which lawmakers are often borrowers.

In a letter to the Consumer Financial Protection Bureau, the U.S. Chamber of Commerce said the agency needed to guard against unclear and inefficient supervision, recommending several changes.

President Obama's executive order on cybersecurity calls on intelligence agencies to share information about digital threats with the private sector, but the agencies may have trouble sharing information themselves.

Boosting regulatory oversight of Wall Street firms will better allocate examiner resources to the riskiest financial firms and help reduce unnecessary burdens on community banks.

At a Senate Banking Committee hearing on the implementation of Dodd-Frank, Sen. Elizabeth Warren demanded to know why regulators are not pursuing banks in court.

The American Airlines and US Airways merger will heat up the competition between the two large issuing banks behind the airlines' rewards credit card programs, Citigroup Inc. and Barclays plc.

Physical cash is on its way out and won't be missed, but even in an all-digital future the option of anonymous, untraceable consumer payments must remain

Labeling a firm "systemically important" will tip the competitive scales one way or the other – to no purpose, since the exercise is premised on a misunderstanding of the 2008 financial crisis.

The new proposal by the Financial Accounting Standards Board would reduce the number of categories used to classify loans and securities.