Regulation

The Consumer Financial Protection Bureau released its first semi-annual report to Congress on Monday, outlining the steps it has taken to get the bureau off the ground in its first six months.

Republic Bancorp and the FDIC seemed to have put last year's legal tussle to rest after reaching an agreement to transfer ownership of Tennessee Commerce Bank.

The New Jersey Republican looks likely to pass his legislation through the House, but continues to face an uphill battle in the Senate.

The race for the exits is intensifying among big banks that purchase mortgages from correspondent lenders, creating liquidity issues for loan originators and radically reshaping mortgage servicing.

Under a recently-enacted law, Obama is to reduce Iranian oil revenue by punishing banks or other parties that make payments to Iran's central bank. Thus, the interbank payment system becomes a tool of American foreign policy.

In a recent speech at Osawatomie High School in Kansas, President Obama acknowledged that a strong and competitive financial industry is inextricably linked to a healthy economy. This is a message that we believe deserves greater attention by all policymakers, including the presidential aspirants.

In the matter of an evening, Tennessee jumped from having no bank failures so far this crisis, to being tied with Florida so far this year.

WASHINGTON — When weighing financial-aid offers, among students' concerns are how much debt they will have at graduation and how much they will owe in loan payments each month.

Joint federal and state effort to probe securitization practices leading to crisis will include information-sharing.

The financial industry's troubles with a controversial type of insurance coverage appear to be spreading to new areas as New York State's Department of Financial Services issues dozens of subpoenas.