Economy

The freshman congresswoman will likely join the Financial Services Committee, where she could use her populist momentum to bring criticisms of the country's biggest banks even further into the mainstream.

A lapse in rental-assistance funding, an understaffed FHA and other effects of the government shutdown are causing real harm to families, said the chair of the House Financial Services Committee.

Some big investors think the recent selloff in bank stocks is overdone; despite new ways to pay, credit cards still dominate.

Nicolas Kopp, head of N26 in this country, explains how the company plans to spend a chunk of the proceeds on its expansion here and add to the intensifying competition among fintechs.

Silver River Community Bank is the fifth de novo in Florida to apply with the FDIC in the last three years.

Global Payout is providing software to the makers of point of sale hardware for the cannabis industry, integrating payment card processing with other business services common for dispensaries.

Its data-driven financial management services for workers who live paycheck to paycheck — and a contract with Walmart — have attracted executives from Facebook, Slack and elsewhere as well as a major investment from the head of Box.

The Dodd-Frank Act gave the central bank authority to set capital requirements for insurance companies that own a federally insured bank, as well as those determined to be systemically important.

New CEO Ronald O'Hanley is pushing to reduce expenses, automate more functions and simplify the organizational structure.

The trade group hopes appropriations legislation for fiscal year 2019 will address confusion over websites being compliant with the ADA, among other concerns.

The White House has officially nominated Mark Calabria as the next director of the Federal Housing Finance Agency.

The strategies to foster innovation are changing to emphasize cost-effective effort and granting fintechs more control over development.

Northeast Bancorp also expects the move to make it more efficient.

Now the third-longest shutdown in history, there are few signs the government will reopen anytime soon, and that's causing problems for lenders.

On Sep. 30, 2018. Dollars in thousands.

Organizers are planning to raise up to $25 million for Tandem Bank.

On Sep. 30, 2018. Dollars in thousands.

Linda Lacewell replaces Maria Vullo as New York’s chief financial regulator; the Swiss bank is reportedly talking to Christian Meissner about a senior role.

Before the financial crisis, federal and state regulators unabashedly pitched their charters to banks as the better choice. That's happening again, despite warnings that such jousting might result in lax oversight.

Santander taps JPMorgan Chase exec Colleen Canny to lead retail network; can Trump actually fire Fed's Powell?; will 2019 bring long-awaited reform of Fannie Mae, Freddie Mac?; and more from the past two week's most-read stories.