Regulation

In separate speeches, two top central bankers said policymakers should move quickly to assist the housing market in order to boost the U.S. economy.

The Securities and Exchange Commission will no longer allow companies to settle civil cases by neither admitting nor denying guilt if at the same time the companies admit to or are convicted of criminal wrongdoing.

The president visited the offices of the Consumer Financial Protection Bureau on Friday, shaking hands with employees and praising their efforts to stand up the bureau.

There's more confusion in the Obama administration's policy response to the foreclosure crisis than an Abbott and Costello routine. Now the Fed steps up to the plate.

A payment processor and two of its principals are banned from using a new payment method to process electronic payments under a settlement with the Federal Trade Commission. The settlement resolves charges that they debited consumers' bank accounts without their consent.

One day after his appointment as the director of the Consumer Financial Protection Bureau, Richard Cordray sent a clear signal that he intends to move aggressively to enforce the agency's expanded authority.

Consumer Financial Protection Bureau Director Richard Cordray said Thursday that he has appointed Raj Date as the agency's first deputy director.

Morgan Stanley senior economist Vincent Reinhart is predicting that the rebounding economy will sputter again in the first of this year and that the Federal Reserve will need to jump start it with another round of "quantitative easing."

A compliance checklist for CEOs? That almost sounds like an oxymoron. Traditionally, bank CEOs did not give much thought to regulatory compliance unless something went wrong. However, as the regulatory environment continues to be enforcement-focused, bank CEOs must scan not only the economic landscape, but the regulatory one as well.

The White House and congressional Republicans traded barbs Thursday over the recess appointment of Richard Cordray at the CFPB.