Regulation

A federal monitor is investigating whether Ocwen Financial is treating borrowers fairly after a whistleblower said the company may have improperly influenced which mortgages were picked for a compliance review.

WASHINGTON — The Consumer Financial Protection Bureau has its sights set on prepaid and debit cards offered to college students as such products are filling the gaps left by credit card issuers which have largely left the space, according to a study released by the agency Monday.

The Consumer Financial Protection Bureau has its sights set on prepaid and debit cards offered to college students as such products are filling the gaps left by credit card issuers which have largely left the space, according to a study released by the agency Dec. 15.

It was a year ago that regulators finalized the rule banning proprietary trading. But complying with the rule is still very much a work in progress.

A controversial plan to reform the bankruptcy code would shift the balance of power between debtors and creditors, resulting in extensive — but difficult to forecast — changes to the banking industry.

Cliff Rosenthal left his credit union colleagues behind to become assistant director of the CFPB in 2012. He found an energetic, dedicated agency under attack from political opponents and hampered by institutional hubris.

The Senate finally passed a $1.1 trillion spending package late Saturday night, putting an end to several days of intense debate over the repeal of a key Dodd-Frank Act provision and other measures included in the bill.

The blatant mischaracterization of Federal Deposit Insurance Corp. communications in a House Oversight Committee report undercuts the aim of the investigation into regulatory scrutiny of bank-payday lending relationships.

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The Federal Deposit Insurance Corp.'s board of directors will meet Tuesday to consider approving the agency's 2015 operating budget as well as to discuss a proposal related to derivatives netting.