Policy & Regulation

A new chorus of "too big to jail" broke out among the masses as the president prepared to re-nominate Richard Cordray to run the Consumer Financial Protection Bureau and CapOne disclosed disappointing earnings.

What the mortgage industry wanted was a clear-cut rule from the CFPB. What it received was 800-plus pages of confusion.

A computer hacker from the online activism group “Anonymous” was sentenced in Britain to 18 months in jail for conspiring to attack the websites of Visa Inc., PayPal Inc., MasterCard Inc. and others.

President Obama's renomination of Richard Cordray, who has been running the Consumer Financial Protection Bureau under a controversial recess appointment, is garnering the same GOP concerns expressed when his name was first floated.

Why do we instinctively cower to power after financial crises and human tragedies? And what can be done about it?

The credit card network is being targeted by liberal investors over its ties to a conservative group that lobbies at the state level.

Thomas W. Swidarski has stepped down from his positions as president and CEO of Diebold and resigned from the company's board of directors under pressure from the board, a spokesman said.

The Consumer Financial Protection Bureau garnered a positive reaction after the release of the "qualified mortgage" rule, which governs mortgage underwriting. The industry is optimistic that the still-pending securitization rule may also turn out better than expected.

Thomas Swidarski was Diebold's top exec from 2005 to January 2013. It wasn't an easy job.

"A real bank failure has yet to test the Dodd-Frank Act's resolution regime, but an industry group says its realistic mock-up shows the facility can prevent systemic fallout," writes American Banker's Joe Adler.