Regulation

With lawmakers bracing for a major policy undertaking to reform the government-sponsored enterprises, they can take comfort that they don’t need to start from scratch.

The largest banks announced plans to distribute capital back to shareholders after the Fed gave passing grades to everyone following this year’s CCAR stress tests.

All 34 banks passed the Fed’s CCAR stress test, fueling industry calls to dial back the intensity of the stress tests. But many of the changes have already been internalized by banks.

The Main Street GSE Reform Coalition offered three principles: creating a capital buffer for Fannie and Freddie, continuing with reforms by their regulator and ending the conservatorship that began in 2008.

The bill would help financial institutions with customer due diligence and identifying corporate beneficial ownership of business customers.

Fed chair says post-crisis rules have made financial system safer and shouldn’t be rolled back; Atlanta bank rolls out internal program to other corporations.

J. Mark McWatters, now the 10^th NCUA chairman, was named acting NCUA chairman following President Trump’s inauguration.

The Senate is set to begin teeing up housing finance reform discussions at a Banking Committee hearing on Thursday, but many are skeptical that Congress will be able to succeed where it has failed in the past.

A key question for the future of housing finance is whether large and small lenders will both be able to compete, or will a new system favor Wall Street giants?

The research firm is set to release a report Tuesday that it says previews the results of the Fed’s 2017 Comprehensive Capital Analysis and Review stress test results for 16 superregional banks.