Regulation

Senate Democrats have tapped Sen. Elizabeth Warren, D-Mass., to join the leadership ranks next year to serve as a bridge to liberal groups.

The Financial Stability Oversight Council said this week that transparency with nonbanks and the public is a primary focus of its efforts to resolve concerns about the council's process for designating institutions as systemically significant.

Republicans are unlikely to push the ball forward on reform of the federal housing agencies, but Congress has a number of other opportunities to make changes that will encourage mortgage lending.

The Consumer Financial Protection Bureau is set to go beyond industry expectations when it unveils a long-awaited proposal Thursday that would establish new requirements for prepaid cards.

The Consumer Financial Protection Bureau is set to go beyond industry expectations when it unveils a long-awaited proposal Thursday that would establish new requirements for prepaid cards.

The more than $4 billion in fines over alleged price manipulation may seem small, but the allegations give regulators more reason to crack down on management and raise the prospect of criminal action against the banks.

Merchant and banking groups are again at odds over cybersecurity policy, sparring over who’s to blame for recent data breaches and how lawmakers can ensure greater protections.

Kelly King of BB&T is an M&A trailblazer, but he isn't doing so intentionally. In announcing plans to buy Susquehanna Bancshares, King said he believes more bankers are becoming more confident maneuvering the choppy regulatory environment.

The company cited uncertainties with industrywide litigation and the regulatory environment in the move. In August, a New York regulator questioned its purchase of the unit from an affiliated company.

The Federal Trade Commission has ordered two debt sellers—St. Petersburg Florida's Bayview Solutions, LLC and Riverside, California's Cornerstone and Company, LLC — to notify customers about alleged disclosures of their personal information.