Policy & Regulation

Jeffrey Lacker admits his involvement in a 2012 leak that sparked a criminal probe by the Fed; Wells has fired dozens in its credit card processing unit for inflating merchants' sales figures.

In his annual letter to shareholders, M&T Bank chief Robert Wilmers laid out in compelling detail how government policies intended to protect American families have ultimately stymied economic growth.

Speaking at a town hall event in Washington, JPMorgan Chase CEO Jamie Dimon said that post-crisis regulations have made mortgages too costly for consumers — and made homeownership unattainable for borrowers with low incomes or blemished credit histories.

In his final public remarks before stepping down from the agency, Fed Gov. Daniel Tarullo called for several changes to the system, including dropping a key element of the stress tests and rethinking the Volcker Rule.

Although the Dodd-Frank Act made some positive changes, the weight of its regulations is killing small banks, Bank of America CEO Brian Moynihan said Tuesday.

Richmond Fed President Jeffrey Lacker resigned Tuesday after revealing that he inadvertently disclosed confidential information about monetary policy to an analyst in 2012.

Craig Esrael is the latest credit union CEO to be appointed to a three-year term on a Fed panel.

Because the fates of banks and the communities they serve are so intertwined, the regulatory impacts borne by regional banks are inextricably linked to the repercussions experienced by their customers.

Efforts at regulatory reform often ignore the source of what led to the overregulation in the first place: the legislative process.

The Office of the Comptroller of the Currency’s proposal to require fintech charter applicants to draft and comply with a financial inclusion plan appears to have more teeth than similar Community Reinvestment Act requirements for banks.