Policy & Regulation

The CFPB released its long-awaited final rule laying out how lenders must ensure borrowers have the ability to repay a loan, including creating a carve-out for qualified mortgages.

Securities regulators have charged three executives of a failed bank in Virginia with deceiving investors about the health of its loan portfolio at the apex of the financial crisis.

White House Chief of Staff Jacob Lew, who is widely expected to be nominated as Treasury secretary, is something of an unknown quantity to the financial industry.

Foreign banks operating within the U.S. will be penalized despite a change made by regulators to provide more time to comply with pending swap restrictions.

The Fed's foreign bank regulation proposal may make sense, but it appears to signal that global standards are giving way to an every-country-for-itself approach.

A neighborhood association wants regulators to stop the company and CEO John Kanas from expanding in New York.

Giving regulators more levers to pull and buttons to push with respect to the financial system only creates a false sense of security. The new regulatory powers come with few meaningful accountability checks.

President Barack Obama plans to name White House Chief of Staff Jack Lew tomorrow as his choice for Treasury secretary, replacing Timothy F. Geithner, a person familiar with the process said.

Julie Williams, the former chief counsel at the Office of the Comptroller of the Currency, will be reunited with former Comptroller Eugene Ludwig.

William B. Harrison Jr., who helped create JPMorgan Chase, on Tuesday offered a resounding defense of megabanks and the good he said they do for customers and investors.