Regulation

Both Federal Reserve Board Chairman Ben Bernanke and Treasury Secretary Jacob Lew spoke this week on how long it would take U.S. regulators to end "too big to fail" and to implement Dodd-Frank.

The Federal Reserve Board has levied a fine against Minster Bank in Ohio and freed a Missouri company from an enforcement action.

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

The DBA International Board of Directors is accepting applications from representatives of third-party collection agencies who wish to be considered for a position on the Debt Buyer Certification Council.

Disagreements between Democrats and Republicans on the House Financial Services Committee over a GOP-backed housing plan offered a sharp contrast with bipartisan efforts in the Senate.

It might take "another year from now" to finish Dodd-Frank rules that seek to end "too big to fail," Federal Reserve Chairman Ben Bernanke said. That was a slower timetable than that given by Treasury Secretary Jacob Lew.

The U.S. Government Accountability Office has agreed to Sen. Mike Crapo's July 2 congressional request to examine the data collection efforts at the Consumer Financial Protection Bureau.

Deposit costs lagged short-term interest rates on the way up and the way down during the last cycle. A relatively large representation of long-term certificates of deposits could help as rates rise.

An emphasis on capital to the exclusion of all else is, at best, misleading and, at worst, harmful to the banking business model.

The Senate's proposal to reinstate Glass-Steagall is giving new fuel to the debate over breaking up big banks, and illuminating how much companies like JPMorgan Chase and Citigroup have to lose from the mounting pressure to become smaller and to separate their commercial and investment banking activities.