-
Sen. Elizabeth Warren raised the issue about the regulatory burden facing community banks at a Senate Banking Committee hearing.
June 17
-
To keep costs down, insurers are exercising their right under the Affordable Care Act to insist consumers pay their premiums via automatic bank withdrawal. The Department of Health and Human Services is scrambling to make insurers accept plastic.
June 14 -
CFPB Director Richard Cordray said employers "play a critical role" in strengthening consumers' financial capability.
June 14 -
A recap of the informed opinions (and the discussions they generated) on BankThink and AmericanBanker.com this week.
June 14
-
The Federal Deposit Insurance Corp. knows it must put some meat on the bones of its process for dismantling large financial firms, but is struggling to strike the right balance between providing too much detail and not enough.
June 14 -
Thomas Hoenig, vice chairman of the Federal Deposit Insurance Corp., said banks chasing 20% returns are aiming too high.
June 14 -
Straightening out bad actors is fine, but it wont resolve the inconsistencies and consumer confusion about overdraft protection cited by the Consumer Financial Protection Bureau.
June 14
PolicyGenius -
Pakistan is considering a law requiring banks to give the country's tax revenue agency access to online databases of account holders and their transactions.
June 14 -
Rep. Carolyn Maloney, D-N.Y., the second-ranking Democrat on the House Financial Services Committee, earned a cameo in a ballet performance at the Metropolitan Opera House.
June 14 -
Bankers defended force-placed insurance practices and dodged questions about alleged industry kickbacks and price gouging at a private but well-attended meeting hosted by the Federal Housing Finance Agency.
June 14




