Policy & Regulation

The chairman of the Federal Reserve is testifying before Congress this week, where he will likely face tough questions about the agency’s decision to let two banks slide on their exams late last month.

The Bank Policy Institute was formed following the merger of The Clearing House Association and the Financial Services Roundtable.

Despite some criticisms of the strategy, community banks should continue to pair up with fintech companies that can help them expand their digital offerings.

Succession plan could be formalized this week; bankers may be getting nervous about extending construction loans.

Flagstar Bank raids Regions for its director of retail banking; prosecutors allege bank CEO got access to Trump in exchange for approving Paul Manafort mortgage; a potential turning point in fintech regulation; and more from this week's most-read stories.

The CFPB said National Credit Adjusters had hired third-party collectors that routinely inflated the amounts that customers owed.

Members of the panel and two other advisory boards were all terminated in June and told they could not reapply for their positions.

With the recent focus on capital formation bills, lawmakers appear to be putting their Dodd-Frank angst aside.

The industry is slated for another busy week, with more bank results on the horizon, plus a nomination hearing for Trump’s pick to head the CFPB.

Attempts to legislate or regulate innovative payments treat consumers, who have affirmatively selected to use prepaid accounts or some other emerging access device to access their money, much differently than consumers who have decided to open a traditional bank account with an associated debit card, writes Brian Tate, president and CEO of the NBPCA.