Regulation

Bitcoin and other digital currencies will get more attention from the U.S. Consumer Financial Protection Bureau after prodding from a congressional watchdog.

American Banker readers share their views on the most pressing banking topics of the week. As excerpted from the comments sections of AmericanBanker.com articles and from our social media platforms.

WASHINGTON — The Consumer Financial Protection Bureau issued a statement Thursday saying a Supreme Court decision issued earlier that day involving presidential recess appointments did not have any impact on the agency's previous rulemakings.

The latest Pew report shows consumers are still in the dark on overdraft fees, and it says that they pay too much when they have insufficient funds. The advocacy group is again calling for more regulatory reforms.

WASHINGTON — The number of home retention actions taken by the largest banks in the first quarter was more than three times the amount of completed foreclosures, short sales and deed-in-lieu-of-foreclosure, according to a regulatory report released Thursday.

Friends of Traditional Banking, has released its preliminary list of 2014 races to watch.

A bill to clarify the Federal Reserve's authority around new capital rules is winding its way through Congress, paving the way for what could be a broader push for changes to the Dodd-Frank Act next year.

The Clearing House said Thursday that it has promoted Jeremy Newell to serve as general counsel of the trade group, which represents some of the largest financial institutions.

Ten years after the adoption of Basel II, the distortion in bank credit allocation produced by risk-weighted capital requirements has not even begun to be discussed.

The Federal Reserve said Regions Bank will pay a $46 million misconduct penalty for incorrectly identifying and reporting nonperforming loans and that three former employees will be sanctioned while avoiding prosecution.