Regulation

The Federal Reserve has fined two banks for violations of the National Flood Insurance Act.

Move now gives public until mid-February to weigh in on Dodd-Frank trading restrictions.

The Housing Policy Council of the Financial Services Roundtable announced last week that it was promoting Paul Leonard, now the council's director of government affairs, to become senior vice president of government affairs.

The Office of the Comptroller of the Currency Wednesday announced the appointment of Michael Sullivan to become deputy comptroller for risk analysis.

The Federal Trade Commission said Dec. 19 that Jessica Rich will take over the financial practices division in the agency’s Bureau of Consumer Protection.

Today, a highlight of visiting the Treasury Department is seeing the grand Cash Room, a central meeting and function space inside the building that had more direct links with the nation's prosperity in the 1800s, when it operated as sort of a national banker's bank. But these days, money is not the only reason that Treasury is seeing green – or even gold.

Three years after the government put Fannie Mae and Freddie Mac on life support, a debate is still raging over how much the GSEs can be blamed for the housing crisis.

Continental Illinois' internal auditors had been documenting the deterioration of underwriting quality. Unfortunately, no one listened.

Examiners are not on same page as their bosses in Washington when it comes to "getting capital to small businesses," says the chairman of a key House subcommittee.

WASHINGTON — Most thrift holding companies will get a two-year phase in period for following Federal Reserve Board reporting requirements while others will initially be exempted, the central bank said Friday.