Policy & Regulation

Small-bank executives sound call for stronger firewalls between financial activities, but many say a straight return to the Depression-era law could have unintended consequences, including to their own business.

The Conference of State Bank Supervisors issued a statement Wednesday opposing the proposed Basel III rules, calling them "highly reactionary" and damaging to the banking system.

In an agency-wide email Tuesday, the comptroller responds to Bair's comments in her new book, Bull by the Horns.

A judge's decision to vacate the Commodities Futures Trading Commission's rule on position limits for derivates undermines all Dodd-Frank implementation efforts, writes an op-ed contributor to The Street.

Republican presidential nominee Mitt Romney said he would consider limiting the size of the home mortgage deduction to help pay for an overall reduction in tax rates.

The Fed and merchants faced tough questions in federal court on Tuesday in a case that could decide the fate of an estimated $3 billion in interchange fees.

Since April, the state of California's monitor for the multi-state mortgage settlement has received more than 200 complaints about servicers moving homes toward foreclosure while the homeowner pursues a loan modification, according to a new report.

Angst over the scope enforcement was palpable at an Ellie Mae conference as mortgage lenders try to avoid the types of hefty fines the agency has already levied on credit card companies.

An alternative capital requirement that allowed Lehman and Bear Stearns to build up huge subprime portfolios and incur excessive leverage remains in effect for six large broker-dealers and investment banks.

A federal court judge on Tuesday posed several tough questions to parties involved in retailers' lawsuit against the Federal Reserve Board's implementation of a law setting a cap on debit interchange fees.