Regulation

Policymakers must avoid reforms to the Community Reinvestment Act that would reopen the door to the predatory lending practices that contributed to the mortgage meltdown.

The legislative highlights of his career as House Financial Services Committee chairman were bills too extreme to become law. But the retiring lawmaker says they were still worth pursuing.

Federal regulators shuttered the institution, which had just $3 million in assets, after it became insolvent with no viable path forward.

The largest U.S. bank's strong third quarter did not insulate its leaders from being pressed about the downside of pricey investments in technology, whether capital rules make commercial lending growth hard for big banks to achieve, and whether another economic downturn is edging closer.

A proposal to ease the leverage ratio for the country’s largest institutions raises questions about whether safety and soundness remain the top priority for the banking agencies.

The banking agencies should expand the use of regulatory sandboxes to keep pace with international counterparts.

The Senate Banking Committee's latest hearing offers some clues.

The groups argue the proposal, which would provide certain legal safe harbors to participating companies, exceeds the CFPB’s statutory authority and would put consumers at greater risk.

Currently running for a fourth term in Congress, former credit union employee Denny Heck is a vocal proponent of changes to NCUA's risk-based capital rule and other industry priorities.

The Federal Reserve System is trying to be proactive in these and other high-profile areas, offering educational materials and coaching to bank execs and directors, according to supervision officials at the St. Louis and Richmond Fed banks.