Policy & Regulation

Linda Levy, CEO of Lower East Side People's Federal Credit Union, has no regrets about suing President Trump when he appointed Mick Mulvaney to run the CFPB, despite some negative reactions from her credit union colleagues.

Readers this year responded to Mick Mulvaney's leadership at the Consumer Financial Protection Bureau, the banking industry's role in the national gun debate, Rep. Maxine Waters' upcoming leadership of the Financial Services Committee, the influence of tech companies like Facebook and Amazon on financial services and much more.

After 10 years of conservatorship, the new year could finally usher in big steps toward housing finance reform.

A bipartisan bill stirring in the Senate would prohibit lenders from mailing unsolicited checks that can immediately be converted into high-interest loans. Consumer groups call the loans predatory, but lenders say they are a lifeline for cash-strapped households.

Despite some growing support for central banks issuing digital currencies, the practice raises important privacy concerns and questions about the structure of the banking system.

As more states permit medical or recreational use, and legal uncertainty persists at the federal level, CUs' decision whether to do business with marijuana firms is trickier than ever.

From stress tests to tailoring the Dodd-Frank Act to the Volcker Rule, the banking agencies have a number of important proposals to finalize in the coming year. But there are several potential obstacles that could throw those plans off track.

More traditional players interested in creating a safer market for digital assets have issued a checklist that cryptocurrency firms can follow to build confidence among banks, consumers and regulators.

Jonathan Gould, the committee's chief counsel, has been hired by the Office of the Comptroller of the Currency as senior deputy comptroller and chief counsel.

The Lafayette, La.-based credit union was accused of firing an employee who complained about a training video with racially offensive content.