Regulation

A draft plan by U.S. regulators to significantly increase a leverage requirement for top U.S. financial institutions is at odds with a separate proposal to force banks to hold highly liquid assets to buffer against market crises, according to senior bank executives.

Lax oversight by the Treasury Department has helped to prevent billions of dollars in aid from reaching struggling homeowners, according to a report released Tuesday by the Special Inspector General for the Troubled Asset Relief Program.

PayPal, having long ago charted the state-by-state regulatory waters for U.S. payments companies, is urging a reform to the rules in an effort that could ultimately help other players in its market.

Senate Majority Leader Harry Reid has started the process to end debate on Rep. Mel Watt, D-N.C., President Obama's nominee to head the Federal Housing Finance Agency.

Sendhil Mullainathan says he had no involvement in the consumer bureau's decision to award a consulting contract to a firm he co-founded.

Sendhil Mullainathan, the former head of research at the Consumer Financial Protection Bureau, speaks in an interview about when it's appropriate, and when it's not, for the government to try to influence consumer behavior.

The Consumer Financial Protection Bureau's new remittance rule has caused lenders to argue for months, wondering if the rule would cause rates of international wire transfers to increase.

A Federal Reserve study has added new urgency to mortgage lenders' search for a way to navigate between the qualified mortgage rule and fair lending statutes. American Banker staffers discuss.

CFPB Director Richard Cordray said Tuesday that some lenders' concerns about meeting the deadline for new mortgage rules are warranted but not their fears over legal protections in complying with the regulations.

The Federal Deposit Insurance Corp. took action against 10 banks in September and released 13 from enforcement actions.