Policy & Regulation

Barack Obama has missed his chance to see a director of the new Consumer Financial Protection Bureau take office within his first term as president.

Regulators should be aware of the role banks play in steering these products into pension, endowment and foundation portfolios.

The reality is sinking in.

Market volatility is fueling fears of a large institution collapse, but regulators are unlikely to act unless the situation gets a lot worse.

WASHINGTON — A panel of House members will meet next week in Georgia, the epicenter of bank failures nationwide, for a hearing on whether bank examiners have become overly strict.

House Minority Leader Nancy Pelosi, D-Calif., named three Democrats to the Joint Select Deficit Committee on Thursday, finalizing the list of 12 lawmakers who will try to reduce the budget deficit by $1.5 trillion this fall.

Maine Attorney General William Schneider's office reached an agreement with Texas-based debt management company Credit Solutions of America Inc. to settle charges of unfair trade practices.

The article "Bankers Fear 'Witch Hunt' in Government Pursuit of Fair Lending Cases" [Aug 2] chronicles the response of bankers, advocates, the Department of Justice itself, and others to "an aggressive push by the Justice Department to investigate fair lending claims..." and "...the launch last year of a special fair-lending unit within Justice's civil rights division...investigating claims of bank discrimination in their credit policies."

Community bankers have a chance to have our issues heard over the next few months on the national front.

Changes to expungement procedures have made it tougher for brokers to sanitize their records, but a continuing practice may help them avoid disclosing certain details that should be public.