Policy & Regulation

LAS VEGAS–It may be too early to tally the numbers from new, lower debit-interchange rates that took effect Oct. 1, but three of the nation’s largest merchants already are sending signals that the new debit-pricing structure is unlikely to boost their bottom lines.

The Federal Deposit Insurance Corp. has balked at extending the termination date for a three-way deal at the heart of Washington Mutual Inc.'s Chapter 11 plan, company attorney Brian Rosen said Monday.

The Consumer Financial Protection Bureau on Monday announced that it will give a financial firm a heads-up when it finds that the company has violated consumer protection laws.

Warren Buffett's Berkshire Hathaway Inc. may be on the cusp of getting Federal Reserve oversight under a proposal by regulators that also increases the chances that American International Group Inc. and MetLife Inc. will receive heightened scrutiny.

The Securities and Exchange Commission on Monday defended its proposed $285 million settlement of fraud charges against Citigroup Inc. over a mortgage-bond deal.

The Federal Deposit Insurance Corp. plays a far more active role in the last days of banks than it cares to let on, explains Washington correspondent Joe Adler.

Banking and payments executives try desperately to figure out where their debit card strategies all went wrong – and what, if anything, they can do next – at an industry conference.

We've already seen Occupy Foreclosures. How about Occupy The Wall Street Journal, Occupy Fox News or Occupy PBS?

A Utah bank linked to an alleged Internet payment scam and an online gambling case was seized by the state late Friday, on a night when regulators also closed a bank in Nebraska.

Washington insiders were momentarily shocked last week when it appeared that President Obama had withdrawn his nomination of former Federal Reserve Bank of Kansas City Chief Thomas Hoenig for vice chairman of the Federal Deposit Insurance Corp.