Regulation

Citizens First (CZFC) in Bowling Green, Ky., is nearly two-thirds of the way to exiting the Troubled Asset Relief Program.

Visa Inc. and MasterCard Inc., the world’s biggest payment networks, won dismissal of a price- fixing lawsuit brought by a group representing operators of automated teller machines.

At a press conference protesting Republicans' refusal to confirm a director of the CFPB, Elizabeth Warren and other Democrats said they have no intention of making structural changes to the agency in order to meet GOP demands.

Republican lawmakers sharply questioned Treasury Secretary nominee Jack Lew on Wednesday, asking him to detail his role at Citigroup in the lead-up to the financial crisis and his views on a range of banking issues.

The Federal Trade Commission's annual letter to the Consumer Financial Protection Bureau outlines Fair Debt Collection Practices Act cases pursued in the past year.

The Federal Housing Administration commissioner faced a barrage of questions from lawmakers on the agency's fiscal health and downplayed fears that it will need a Treasury bailout.

Comptroller Thomas Curry argued Wednesday that regulators had no choice but to halt the independent foreclosure review process in favor of faster payouts to affected borrowers. He also provided new details on how payments would proceed.

CoBank in Denver is giving $5 million to fund agricultural research and education at land grant universities nationwide.

The Consumer Financial Protection Bureau plans to work with the mortgage industry throughout the year to help lenders comply with the new rules by the 2014 deadline.

Due to continuing struggles within global economies, the interconnected financial framework requires higher levels of capital, liquidity and investments in assets that can objectively be considered safe.