Policy & Regulation

The director of the Consumer Financial Protection Bureau has asked Congress to clarify its ability to conduct exams that ensure compliance with the Military Lending Act.

The Trump administration is considering whether to renominate Marvin Goodfriend to join the Federal Reserve Board, a person familiar with the matter said.

A CFPB report revealed that the fees charged to college students by Wells Fargo for financial products are three times higher than average. Sen. Warren wants to know why.

During the National Credit Union Administration's monthly meeting on Thursday, Chairman J. Mark McWatters noted that the agency was making progress on hiring more women and minorities.

Morris Morgan, previously one of the top large bank supervisors at the OCC, was tapped as senior deputy comptroller and chief operating officer amid a multimillion-dollar effort to revamp the agency.

The lineup of new members to the House Financial Services Committee includes several rising Democratic stars.

The Milken Institute's plan to address the housing finance system proposes a number of measures that could be carried out by regulators, after years of stalled legislative attempts.

Federal regulators should consider applying guidance that is nearly two decades old to end uncertainty about the legality of particular bank partnerships.

The new chair of the House Financial Services Committee has an ambitious set of priorities, but newly elected progressives could set up a conflict with more moderate Democrats on the panel.

Some in the industry worry the Fed may balk at allowing OCC charter recipients into the payments system, but Otting downplayed those concerns.