p170hub5a31aomco3fl1b1k13n85.jpg
The California Supreme Court ruled Thursday that national banks do not have to comply with a state law that required certain disclosures for convenience checks, another court victory for preemption advocates following changes to the law made by the Dodd-Frank Act. (Image: Thinkstock)
p170hub5a31h6181nbqu1oi11v876.jpg
Consumer advocates were not pleased with federal guidelines released last week that detail how much homeowners should receive for wrongful foreclosure actions. The amounts ranged from $1,000 to $125,000. (Image: Bloomberg News)
p170hub5a335p1kif1kq158015gi4.jpg
JPM CEO Jamie Dimon received a much less hospitable welcome last week at the hands of the House Financial Services Committee, which questioned him on his trading losses and whether his firm was too big to manage. (Image: Bloomberg News)
p170hub5a310pc4svrtp0n16aa7.jpg
The Treasury announced last week that it planned to auction pools of securities in nearly two-thirds of the banks left in the Troubled Asset Relief Program, its most aggressive move yet to get small banks out of the program. (Image: Bloomberg News)
p170hub5a31nnequ615ns1mdk4gf8.jpg
A Texas bank - with the help of two conservative groups - filed a suit against the Dodd-Frank law, claiming the CFPB was unconstitutional because its powers were too broad. The case also includes a challenge against the Financial Stability Oversight Council. (Image: Thinkstock)
p170hub5a31fhm13c33p51bbdbl53.jpg
The CFPB was a busy beaver last week, promising to stay on schedule with a new mortgage disclosure form by July 21 and unveiling new protections for military families. But it was its searchable database of complaints that had the banking industry up in arms. (Image: Bloomberg News)
MORE FROM AMERICAN BANKER