Policy & Regulation

Political denial and cover-up are in the CFPB's DNA. The agency was predestined to be overbearing, which will only hurt borrowers in the long run.

Clients of the largest U.S. banks withdrew funds this month at the fastest weekly pace since the Sept. 11 attacks as a deposit-insurance program ended and customers tapped into their year-end cash hoards.

Require megabanks to pay their stealth subsidies into a reserve available only to creditors and the FDIC. Market discipline will do the rest, as shareholders demand that the banks shrink.

It seems clear that the Consumer Financial Protection Bureau believes balloon mortgages are not abusive or predatory. Why, then, does the rule so restrict their use?

Nearly three years after the implementation of a landmark credit card reform bill, the CFPB faces a monumental challenge: determining whether the law helped or hurt consumers.

Banks may struggle to raise funds from insurers due to a conflict between Basel III rules for lenders and Solvency II regulation for insurers, Prudential CEO Tidjane Thiam said.

The industry trade association released the results from its simulation of an "orderly" Dodd-Frank wind-down, as well as a paper endorsing the FDIC's resolution approach.

Why haven't any senior Wall Street executives gone to jail for the financial crisis? PBS' "Frontline" is the latest mass media outlet to ask this increasingly unanswerable question.

Dwolla announced Jan. 22 that it's working with the Iowa state government to accept official payments.

The Progressive Campaign Change Committee, a liberal activist group, has recorded over 33,000 names on a petition backing Rep. Barney Frank for a temporary Senate seat.