Policy & Regulation

During three decades in Congress, Barney Frank reached across the aisle to tackle big problems and craft groundbreaking legislation.

WikiLeaks founder Julian Assange accused two members of Congress of pressuring MasterCard and Visa to block payments to his group after it published thousands of confidential messages.

The House Republican Steering Committee officially recommended the Texas lawmaker for chairman of the House Financial Services Committee on Tuesday.

West Virginia lawmaker Shelley Moore Capito may step up her activity on the House banking panel this coming term, as she makes a run for Sen. Jay Rockefeller's seat in 2014.

The tentative approval of Visa and MasterCard’s proposed $7.25 billion settlement of a merchant fee price-fixing case will be challenged in a federal appeals court, according to a notice filed by objecting plaintiffs in Brooklyn, New York.

The Consumer Financial Protection Bureau says it will propose changes to the remittance rule to ease burdens on community banks. It is also delaying its implementation by an additional 90 days.

Senate Majority Leader Harry Reid has sponsored a stand-alone bill to give the Transaction Account Guarantee program another two years, but its passage is not a slam dunk.

A report issued Tuesday by CardHub.com says that the Fed set an "embarrassingly low bar" for issuer disclosures.

These banks have outperformed industry averages for years and continued to do so in 2012, avoiding the exceptional losses that often follow exceptional returns.

WikiLeaks lost more than $50 million in potential donations after Visa Europe, MasterCard and American Express blocked payments to the anti-secrecy group, according to its founder Julian Assange.