Regulation

The Federal Reserve disregarded Congress's intent when deciding how much banks can charge merchants for debit-card transactions, a judge ruled, rejecting Dodd-Frank-imposed regulations governing "swipe" fees.

The Federal Reserve disregarded Congress's intent when deciding how much banks can charge merchants for debit-card transactions, a judge ruled, rejecting Dodd-Frank-imposed regulations governing "swipe" fees.

An Oregon woman was awarded $18.6 million by a federal jury after spending two years unsuccessfully trying to get Equifax Information Services to fix mistakes on her credit report.

Sen. David Vitter is vowing to push for "tough" reforms to the Federal Housing Administration when the Senate Banking Committee takes up a bill to implement key changes at the agency on Wednesday.

The leaders of the Securities and Exchange Commission and Commodity Futures Trading Commission were pressed by lawmakers on Tuesday about their progress implementing new rules under the 2010 Dodd-Frank Act.

WASHINGTON — Federal regulators released proposed guidance on Tuesday designed to help medium-sized banks comply with company-run stress test requirements that kick in this fall.

A relief package proposed by three senators last week has reinforced hope that Capitol Hill will ease community banks' regulatory burden by yearend.

The City of Richmond has sent offer letters to roughly 32 mortgage servicers and trustees requesting that it be allowed to buy underwater home loans at reduced prices. If the servicers balk, city officials say they will seek to seize the properties through eminent domain.

Lawmakers pressed heads of the SEC and CFTC at a hearing on Tuesday about their progress implementing and enforcing new rules under the Dodd-Frank Act.

While many people think of Bitcoin as a currency, Jaron Lukasiewicz, CEO and co-founder of Coinsetter, says Bitcoin should be thought of more as a payments infrastructure, allowing quick, inexpensive funds transfer. But for Bitcoin to thrive, banks must agree with this perspective.