Regulation

Proposed new rules from the CFPB could wind up forcing banks out of the small-dollar lending business, leaving cash-strapped consumers with fewer borrowing options.

Fannie and Freddie's profits depend on having their obligations backed by the U.S. Treasury. Therefore they should have to pay a sensible price for this backstop — just like big banks.

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and from our social media platforms.

First United in Oakland, Md., will exit the Troubled Asset Relief Program after winning an auction to repurchase a warrant from the U.S. Treasury Department.

WASHINGTON — The Office of the Comptroller of the Currency has no plans to review the charters of JPMorgan Chase or Citicorp following their agreement to plead guilty to criminal charges related to currency rigging, according to Comptroller Thomas Curry.

WASHINGTON — The Federal Reserve Board proposed a change Thursday to its recently finalized liquidity rules for the largest U.S. banks that would allow certain municipal and state bonds to qualify as high-quality liquid assets.

Last year the mail carrier's office of inspector general suggested a potential expansion into small-dollar lending, but the ambitions laid forth in a new report have been scaled back considerably.

Lawmakers on the Senate Banking Committee may still stand divided on regulatory reform, but Thursday's markup points to ongoing desire for a way forward.

The Federal Reserve Board is taking public comment on whether to require member banks to move to same-day payments after an industry group voted to mandate faster payments among the nation’s 12,000 financial institutions.

The Federal Reserve Board Thursday said that it is taking public comment on whether to require member banks to move to same-day payments after an industry group voted to mandate faster payments among the nation's 12,000 financial institutions.