Policy & Regulation

In appearances before the House and Senate, the Treasury secretary testifies about the housing market, community banks, financial stability, and America's exposure to the European debt crisis.

For the vast majority of Americans, the role of the bank is to be there when the customer wants it to be there. Like the water company. Like the electric company.

The Senate Banking Committee voted 12-10 to send the nomination of Richard Cordray to the full Senate.

Consumer delinquencies continued to climb in the second quarter with nine of 11 loan categories showing increases, according to a study released Wednesday by the American Bankers Association.

Treasury Secretary Timothy Geithner said Wednesday that Wall Street's anger toward President Obama is "inexplicable," though possibly fueled by resentment after the administration engineered a massive bailout of the financial industry.

Downtown Manhattan has been invaded. What does it mean for bankers?

The Senate Banking Committee will vote Thursday morning on the nomination of Richard Corday to be the first director of the Consumer Financial Protection Bureau.

Sen. Richard Durbin, who has loudly criticized banks for raising debit-card fees, accused Bank of America Corp. directly this week of attempting to drive customers toward credit cards.

According to a Sept. 30 internal regulatory memo, regulators plan to broadly define proprietary trading, provide limited exceptions to allow banks to invest in hedge and private-equity funds, and require institutions to install new internal controls.

Data released Wednesday by the U.S. Small Business Administration shows that banks are willing to finance small businesses — as long as the loans are backed by a government guarantee.