Policy & Regulation

The Treasury Department has unloaded its latest round of bank stocks from the Troubled Asset Relief Program at a deep discount.

Confining banks to "narrow" or "traditional" activities, as some policymakers and pundits advocate, would drive even more customers to the shadow sector. Do we really want shadow banks to own the financial future?

The Competitive Enterprise Institute and the 60 Plus Association are urging the Senate to delay confirmation of Richard Cordray, director of the Consumer Financial Protection Bureau, until the implications of a recent federal court case are better understood.

Tougher on banks than on debt buyers, the FTC found banks and other creditors bear responsibility for selling consumer debts with scant documentation. Possibly erroneous records are a "significant" concern.

Many of the changes, which were outlined late last year in the FHA's annual report to Congress, will raise the cost of home loans for consumers.

Visa shareholders rejected a proposal Wednesday that would have required the nation’s largest card network to disclose publicly more information about its lobbying activities, according to the activist shareholder group behind the measure.

The Office of the Comptroller of the Currency unexpectedly announced Wednesday that Michael Brosnan, its point man for large banks, was leaving his post to become examiner-in-charge of Zions Bank. The move was unusual and effectively a demotion.

Despite the bipartisan nature of the Panel's first vote last week, the new leaders of the House Financial Services Committee, Chairman Jeb Hensarling, and ranking Democrat Rep. Maxine Waters, continue to dispute the effects of the Dodd-Frank reform law.

Regulatory cooperation is the key to navigating the division of responsibilities that the Dodd-Frank Act made to bank regulation, Comptroller of the Currency Thomas Curry said Wednesday.

With a federal court endangering the status of its director and its second in command leaving, the Consumer Financial Protection Bureau has suddenly been forced to shift from playing offense to defense.