Policy & Regulation

William A. Cooper makes a cameo appearance in Ryan Lizza's profile of the GOP presidential hopeful.

The Federal Reserve's decision to keep federal fund rates at near zero levels until 2013 has sparked some concern by observers that banks could be in for more agony in the near future.

Federal agents arrested four Florida men Tuesday on charges that they scammed thousands of homeowners who were seeking loan modifications, according to authorities.

The downgrade of U.S. debt is likely to push regulators to fulfill a Dodd-Frank mandate to find alternatives to credit ratings, but it won't be easy.

The Federal Open Market Committee decided to leave its target rate unchanged at 0.0-0.25% and said "downside risks to the economic outlook have increased" and economic conditions "are likely to warrant exceptionally low levels for the federal funds rate at least through mid 2013."

American Banker offers tough questions for hedge fund manager Bruce Berkowitz to put to the embattled Bank of America CEO on Wednesday. Add your own queries to our list.

Unlike grading corporate credits, rating big countries is thoroughly ridiculous. We can all look at the same budget numbers and assess the political prospects as well as any rating agency.

WASHINGTON — The Senate Banking Committee has begun gathering information about Standard & Poor's decision to downgrade U.S. government debt, according to a committee aide.

A downgrade of the U.S. government's credit rating is raising the question of whether some of the biggest banks may be next.

WASHINGTON — As the stock prices of the big banks cratered on Monday, particularly for Bank of America Corp., pundits and industry observers began worrying that a second financial crisis was in the offing, including the possibility of the failure of a large financial institution.