Regulation

The House Financial Services Committee was expected to approve a Republican-backed bill to remove government support in a new housing finance system, but senators continue to back a more bipartisan approach that preserves a federal backstop.

The Consumer Financial Protection Bureau filed a federal complaint Tuesday against Castle & Cooke Mortgage for giving bonuses to loan officers who allegedly steered consumers into mortgages with higher interest rates.

Prudential Financial was given the opportunity to challenge its designation as a "systemically important financial institution" in a closed-door hearing with the Financial Stability Oversight Council.

Until banks' RWA disclosures improve and become more uniform globally, capital ratios will remain a mystery to many journalists, investors, banks and even some supervisors.

A Senate Banking Committee hearing Tuesday addressed growing concerns that Wall Street institutions have too much influence in controlling commodity prices.

The Securities and Exchange Commission charged Trendon Shavers with defrauding investors of nearly $150,000 worth of bitcoins through Bitcoin Savings and Trust, an online investment scheme he ran, and of making false claims while soliciting investments online in 2011 and 2012.

The outspoken CEO has nothing but praise for the Basel Committee and says bankers have little to fear from the CFPB.

The U.S. Securities and Exchange Commission sued a Texas man over claims he operated a Ponzi scheme involving Bitcoin, the virtual currency that has recently attracted investors including Tyler and Cameron Winklevoss.

The Corker-Warner bill and House GOP bill both understand that the fundamental GSE model is insidious and needs to be definitively terminated.

The Federal Reserve Board has terminated enforcement actions with Royal Bancshares of Pennsylvania in Narberth and First Pryority Bank in Pryor, Okla.