Policy & Regulation

Official Washington turned out in force last week to fete Neil Milner's retirement after 15 years heading the Conference of State Bank Supervisors.

Richard Syron, the former chief executive officer of Freddie Mac, and Daniel Mudd, ex-CEO of Fannie Mae, were sued by the U.S. Securities and Exchange Commission over disclosures they made about subprime loans.

Legislation in the Senate could be key for small banks to deregister from the SEC.

A lawsuit brought by a group of retail associations and retailers against the Board of Governors of the Federal Reserve System asks the courts to find the board's rules to implement the debit card swipe fee requirements of the Durbin amendment to be "arbitrary, capricious and an abuse of discretion."

Banks have been much maligned for nickel-and-diming their customers, but in another area — cardholder fraud protections — they are being praised as consumer champions.

The Consumer Financial Protection Bureau will begin taking tips from whistleblowers about violations of federal consumer financial laws.

With even President Obama weighing in on the need to approve Richard Cordray as Consumer Financial Protection Bureau head, the Democrats see a chance to paint their obstructionist rivals at anti-consumer.

Under proposals by Rep. Scott Garrett and Sen. Bob Corker, the Federal Housing Finance Agency would once again see its role transformed.

The bank's announcement that it will adopt an easy-to-read disclosure form for checking account fees draws applause from Senate Democrats.

JPMorgan Chase & Co. has simplified the disclosure forms for its checking accounts, becoming the first large back to adopt model disclosures proposed by the Pew Charitable Trusts.