Regulation

A bill in the Senate, which would require 13 more steps for new financial regulations, including a cost-benefit analysis, is drawing attention. The committe vote on it has been delayed until after the election, but there's a chance it could still move quickly.

The FTC told a House subcommittee that Fair Credit Reporting Act enforcement remains a priority and it is committed to teaching about consumer reports, credit scores and their rights.

The billing methods used by Fairview Health Services' former collection agency Accretive Health violated federal patient-protection laws, regulators say.

Panelists at American Banker's Regulatory Symposium, including Eagle Bancorp CEO Ronald Paul, fear that small banks could lose deposits to bigger competitors if the program ends.

Fed chief says regulators' proposal for implementing capital accord is not intended to be a 'one-size-fits-all' approach.

No one group dominates the panel, which includes bank and credit union executives, consumer advocates and community development officials.

Banks will not regain the public's trust with good marketing, PNC chief executive officer James Rohr tells American Banker's Regulatory Symposium.

The Consumer Financial Protection Bureau will not include a 20% down payment requirement for low-risk loans in its pending mortgage proposal, nor does it seek to covertly rewrite Dodd-Frank, Director Richard Cordray told Senate Banking.

The Federal Reserve announced an indefinite round of quantitative easing in hopes of improving the stagnant economy. Some feel the move may help the lagging job market, while others feel it illustrates Einstein's definition of insanity.

Friends of Traditional Banking, a SuperPAC founded by state banking groups last spring, has voted to support Republican Sens. Scott Brown of Massachusetts and Dean Heller of Nevada.