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Comprehensive analysis of the banking industry's first big legislative victory since the crisis; lawsuits target banks with websites in violation of the Americans with Disabilities Act; what a homegrown app for millennials has to teach Wells Fargo; and more from this week's most-read stories.
Senate Banking Committee Chairman Mike Crapo
Congress seals deal on Dodd-Frank reforms
The bill passed by the House took a more cautious approach to relief than prior legislative proposals but has still been hailed by banking industry groups.

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House Speaker Paul Ryan
Reg relief is about to pass — get ready for the spin
Why both Republicans and Democrats are exaggerating legislative changes to the Dodd-Frank Act.

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Chart of selected ADA lawsuits filed against banks
Banks are sitting ducks for ADA lawsuits
Several dozen banks have been accused of operating websites that violate the Americans with Disabilities Act. Here's why trial lawyers are targeting them and are expected to sue more.

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U.S. Capitol
Reg relief's done. What's next for banks?
The Senate bill is a huge win for the banking industry, but there are still plenty of unresolved legislative issues of interest to financial institutions.

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Generational preferences for mobile-only banking
What a homegrown app for millennials has taught Wells Fargo
The bank found that mixing personal finance management with positive reinforcement allowed it to appeal to younger customers.

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Does Fifth Third's merger math add up?
The high multiple Fifth Third is paying for MB Financial raises questions about whether it can cut enough costs, realize enough growth and win over skeptical investors.

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Car dealer
Trump makes repeal of CFPB auto lending rule official
The CFPB policy was aimed at preventing discriminatory markups on indirect loans made by car dealers, but current acting CFPB Director Mick Mulvaney said the guidance "seemed like a solution in search of a problem."

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HMDA measure in reg relief bill is misunderstood
A provision to remove new mortgage recordkeeping requirements would help overburdened community banks lend without disrupting data collection that is used to police discrimination.

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President Trump's announcement of Paris Agreement withdrawal
Think you've seen the Trump effect on regulation? Just wait
With Congress set to approve a regulatory relief bill and vote on an FDIC chairman, banks will soon see the deregulation they've long been anticipating.

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Joseph Otting
OCC gives banks green light to compete with payday lenders
The agency's bulletin opens the door to banks' making more short-term loans to borrowers with lower credit scores — with few parameters beyond "sound underwriting."

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