Policy & Regulation

Good Money just raised $30 million and is a year away from launching, but already is raising concerns for its trash-talking of established players.

The payments processor was among numerous firms earlier this year to withdraw an ILC charter application over questions about its plan.

Banks were reluctant to offer services to an industry that had a hazy legal status. That’s about to change.

Federal Reserve Chairman Jerome Powell demurs on regulatory relief for largest banks while saying he is “open” to countercyclical buffer.

Kathy Kraninger's unexpected decision is small, but symbolically important. Here's why.

Though it became official in January in the U.K., most people there don't know what it is, according to a new survey that offers many insights for U.S. banks.

Banks hoping to make working with the cannabis industry easier saw a positive sign this week when Congress removed the prohibition on a less potent substance.

Kathy Kraninger's first official action as head of the Consumer Financial Protection Bureau is to reverse course on acting chief Mick Mulvaney's effort to rename it the Bureau of Consumer Financial Protection, which consumer groups and others had sharply criticized as confusing and costly.

The agency’s rate cap for banks that are less than well capitalized contains several flaws and poses problems for community banks.

The move is sure to draw criticism from bankers because it would allow credit unions to compete for backing from private investors.