Regulation

Citigroup is facing $770 million in charges after two federal regulators said the megabank engaged in deceptive marketing and unfair billing practices related to its credit card add-on products.

On the five-year anniversary of Dodd-Frank, it's time to increase accountability and transparency at the CFPB. Congress should start by passing a bill that would overhaul the agency's organizational structure from a single-director model to a bipartisan, five-person commission appointed by each incoming president.

Five years after the Dodd-Frank Act was signed into law by President Obama, it remains as controversial as when it was enacted. While partisans may debate whether the changes are good or bad, there is no doubt they’ve had a sizable impact. Following are the biggest ways the system has changed.

The Obama administration on Tuesday finalized new regulations designed to crack down on high-cost loans to members of the military.

If Congress fails to act swiftly, most lending supported by the SBA will shut down for much of the next two months. This would undermine recent strength in a vital component of the American economy.

WASHINGTON — Treasury Secretary Jack Lew said Monday that the Obama administration will continue to defend the Dodd-Frank Act amid Republican efforts to water down the law, even as one of its namesakes suggested changes to it may be necessary.

President Obama announced Monday his intention to nominate Kathryn M. Dominguez, an economics and public policy professor University of Michigan, to fill the final remaining slot on the Federal Reserve Board.

What asset threshold? Community banks may not be required by law to conduct stress tests, but about one in three have been asked by their examiners to do so, according to a recent survey of banks.

Federal judges have dismissed two lawsuits that accused Wells Fargo of reverse-redlining in Los Angeles and Cook County, Ill., Reuters reported.

In one fell swoop, the Federal Reserve Board completed two of the most significant rules on its docket, completing a surcharge rule for the largest and most systemically risky U.S. banks and outlining the first capital rules for a nonbank systemically important financial institution.