Regulation

Industry-accepted standards would reduce friction and costs in satisfying compliance requirements during a time of heightened scrutiny for banks and their vendors.

Banks, along with Fannie Mae and Freddie Mac, are revisiting mortgage lending policies to address fracking concerns. Some banks will no longer finance homes where an oil rig sits, and Freddie Mac says it can force the entire outstanding balance to be paid if an oil lease is signed.

The written testimony to the Senate Committee on Banking, Housing and Urban Affairs is part of the CFPB's fourth semi-annual report.

Timothy Massad, the Treasury Department official responsible for overseeing the U.S. rescue of banks and automakers after the credit crisis, will be nominated to head the country's top derivatives regulator.

Americans for Financial reform and the Roosevelt Institute are set to release a paper Tuesday assessing how far policymakers have come in implementing the Dodd-Frank Act, while suggesting the need for more reform.

At some point, the CFPB may start asking if issuers' credit scoring models negatively affect minority credit card applicants more than white applicants.

Former President Bill Clinton told some of Wall Street's top executives that fines levied against banks in connection with the financial crisis should be used to fund infrastructure improvements in the U.S.

The 2008 financial crisis forced the Fed and Treasury into a too-cozy relationship and the Dodd-Frank law cemented it. Janet Yellen should use her confirmation hearing this week to reassert the central bank’s independence from the administration, argues editor-at-large Barbara Rehm

Fidelity Investments, BlackRock Inc. and PIMCO were among more than two dozen firms, industry stakeholders and lawyers that filed letters in an effort to discount the credibility of a report released by the Office of Financial Research labeling asset management firms as systemically important.

The Financial Stability Board lowered the proposed surcharge on globally systemically-important banks for Citigroup and Bank of New York Mellon, leaving JPMorgan Chase as the only U.S. institution to face the highest 2.5% capital buffer.