Regulation

Many commentators ignore this part of the central bank's job and think any bank that gets liquidity from the Federal Reserve is a failed bank.

WASHINGTON — Scott Polakoff, the former acting director of the Office of Thrift Supervision, has joined FinPro Inc.

Rep. Barney Frank took a moment on the House floor this week to ask why there was such opposition to making Elizabeth Warren the head of the new Consumer Financial Protection Bureau.

"The Daily Show" host decided to focus his attention on the one-year anniversary of the Dodd-Frank Act by inviting the law to appear on his show.

In e-mail to staff, the de facto agency head praises employees and looks to the future.

Team,

Rather than pushing hard for repeal, congressional Republicans are taking a small-bore approach in their opposition to the 2010 reform law.

A minimum credit score would not cap or regulate risk, or even measure it consistently. Instead it would ensure that the risk floor for QRMs would actually fluctuate.

If I came across a borrower who is deep in debt and whose obligations exceed their income and yet continues to borrow to service those obligations, I would not consider them a good risk.

WASHINGTON – The Senate Banking Committee will hold a hearing next Thursday on the nomination of Richard Cordray to head the Consumer Financial Protection Bureau.