Regulation

The debt is costing taxpayers $4 billion a year, but rather than forgive it Republicans remain focused on creating a private flood insurance market.

In his meeting with community bankers, President Trump openly pondered the fate of CFPB Director Richard Cordray with his advisers and appeared eager to quickly fix industry concerns through executive orders.

Credit unions could be caught in the same net that led to the $586 million settlement the global money transmitter submitted to earlier this year.

President Trump met with community bankers on Thursday to highlight executive actions he has taken to provide regulatory relief to the industry and promote job growth.

Using stress tests as the capital benchmark in a reformed regulatory system could enable some forms of relief, but other rules should remain in place to ensure financial stability.

The tiny Flagship Bank has made an unusual bet in agreeing to pay 20 times current capital to buy BankMobile, but the same Durbin amendment that prompted Customers Bancorp to sell the unit also made Flagship the ideal buyer.

HCSB Financial received a second subpoena from the Troubled Asset Relief Program's special inspector general.

Banks and consumer rights groups appear to have found unusual common ground in the debate over screen scraping, asking the CFPB to weigh in on the application of certain regulations to fintech companies that aggregate financial data on customers' behalf.

The banking industry is counting on regulatory relief coming out of the Trump administration and Congress, but there are significant constraints on how much they might be able to deliver.

The Innovative Lending Platform Association and the Coalition for Responsible Business Finance announced Monday that they are joining forces.