Regulation

The war over interchange between merchants and the payments industry continues. That's not surprising with tens of billions of dollars being allocated by Washington rather than the market in question.

The Treasury Department sent a letter to the nearly 400 banks still in the program attempting to chart a path toward the exit.

A mix of personal and professional reasons pushed the former chairman of the House Financial Services Committee to retire.

Treasury Secretary Tim Geithner called on the Senate Thursday to act soon to confirm a director of the Consumer Financial Protection Bureau. Senate Democrats may hold a vote as early as next week.

"There can be little doubt that financial stability issues have risen to the top of the agenda for the major central banks."

In testimony before Congress, Shaun Donovan acknowledges that FHA's reserves could be depleted if housing prices keep falling. But he says the agency has tools available to shore up its financial condition, if they become necessary.

Two regulators-turned-consultants, invoking a famous Ronald Reagan quote, are really "here to help" this time.

With customers awaiting claims stemming from bankruptcy of derivatives firm, lawmakers urge tougher rules on segregating funds.

The CFPB, Treasury, and SIGTARP have formed a task force to target mortgage modification scams.

Rep. Barney Frank, the lead Democrat on the House Financial Services Committee, said he doesn't see Republicans budging on their demands for the Consumer Financial Protection Bureau any time soon, and expects that the confirmation of its first director will depend on the election next year.