Regulation

The payments industry's lobbying group is touting its findings that some merchant opponents have not lowered prices since the debit card swipe fee caps went into effect.

When a Chicago man fell behind on his car payments, he claims in a new lawsuit that his lender tried to ruin his marriage by leaving a phone message mentioning his girlfriend.

The result sets up the possibility of a recess appointment by President Obama or a series of additional Senate votes on Cordray in 2012.

WASHINGTON–Key congressional backers of a 2009 law that strengthened consumer protections for credit card users are now concerned that the Federal Reserve Board has gone too far with regulations that could restrict credit to stay-at-home mothers.

WASHINGTON — Key congressional backers of a 2009 law that strengthened consumer protections for credit-card users are now concerned that the Federal Reserve Board has gone too far with regulations that could restrict credit to stay-at-home mothers.

Massachusetts Attorney General Martha Coakley, who last week filed a lawsuit against Ally Financial alleging that the firm pursued foreclosures illegally, is now asking Congress to investigate the firm's conduct.

The Treasury Department on Wednesday said it may permanently reduce incentive payments for JPMorgan Chase unless it makes much-needed improvements to its performance in the Home Affordable Modification Program.

JPMorgan Chase & Co. Chief Executive Jamie Dimon continued to bash global banking regulations Wednesday, while at the same time vigorously defending his own bank's capital and business positions, including increasing exposure to Europe's stressed countries.

Federal bank regulators moved ahead with an effort required under Dodd-Frank to reduce reliance on credit ratings in assessing risk on bank's trading books.

On the eve of a key Senate vote on the nomination of Richard Cordray to head the Consumer Financial Protection Bureau, Democratic supporters sought to turn up the heat on their entrenched Republican colleagues.