Policy & Regulation

Edward DeMarco, acting director of the Federal Housing Finance Agency, on Tuesday named Richard Hornsby as chief operating officer and Jon Greenlee as deputy director of enterprise regulation.

The House Financial Services Committee is asking the new consumer bureau for a detailed account of its spending to date, and plans for funds it has received but not yet spent.

Most people did not observe Bank Transfer Day, a survey found, but customers who follow through on plans to close accounts could still sting banks.

The Office of the Comptroller of the Currency released a proposal Tuesday that would remove references to credit ratings from its regulations, and posted guidance to help banks evaluate investment risks.

The banking industry is strongly supporting a bill that would allow independent appeals of examinations — an idea anathema to banking regulators.

An OWS subgroup discusses what would constitute a truly “alternative bank,” how much could be borrowed from the credit union, community bank and mutual models, and how to take it several steps beyond.

The Consumer Financial Protection Bureau is seeking input on ways to streamline regulations under the consumer financial laws it inherited from other regulators under the Dodd-Frank Act.

By purchasing Bonneville Bank, prepaid company Green Dot will be putting itself under the scrutiny of traditional banking regulators. But it may escape increased oversight from the Consumer Financial Protection Bureau.

Three Republican-sponsored bills that would amend the derivatives provisions of the Dodd-Frank Act are scheduled for a committee vote in the House on Wednesday.

The Federal Reserve's Janet Yellen urged Congress not to delay making $1.2 trillion in cuts to the federal budget deficit, warning doing so may put the economic recovery in even greater jeopardy.