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By purchasing Bonneville Bank, prepaid company Green Dot will be putting itself under the scrutiny of traditional banking regulators. But it may escape increased oversight from the Consumer Financial Protection Bureau.
November 29 -
Three Republican-sponsored bills that would amend the derivatives provisions of the Dodd-Frank Act are scheduled for a committee vote in the House on Wednesday.
November 29 -
The Federal Reserve's Janet Yellen urged Congress not to delay making $1.2 trillion in cuts to the federal budget deficit, warning doing so may put the economic recovery in even greater jeopardy.
November 29 -
Democratic Sen. Jack Reed is pushing to tighten a five-year-old law that prohibits lenders from charging members of the military more than 36% interest on certain loans.
November 29 -
The agency's inspector general says the FHFA repeatedly has deferred key decisions to Fannie and Freddie without independently testing their decisions.
November 29 -
It's hard to pin down precise numbers, but anecdotal reports in news outlets across the country suggest that hundreds of thousands of Americans responded to "National Transfer Day" campaign by switching their deposits from major banks to credit unions.
November 28
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The California Democrat still faces an ethics probe, which could hurt her chances to move into the top spot on the House Financial Services Committee, but appears to have the edge so far.
November 28 -
Throughout his career, Barney Frank was unapologetic about his strong positions, but his legacy will be his ability to work the legislative process to his advantage.
November 28 -
During the last century, economic growth in the United States was unparalleled. A large portion of that growth came from the explosion of capital formation for small companies. It is high time that America gets back to that future.
November 28
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Several community banks have decided to forgo an appeal of decisions by major stock exchanges to delist their shares, deciding the benefits of a listing aren't worth the cost of the fight.
November 28




