Law and regulation

In a speech at American Banker's Regulatory Symposium, the FDIC board member said that the rules are too complex and won't help stave off the next crisis.

The bailouts were justified as a way to unfreeze credit and help homeowners, and the government failed on both counts.

Slavie Federal Savings Bank in Bel Air, Md., is taking steps to shore up its regulatory capital.

Mortgage lenders get clarity from Fannie and Freddie; Capital One CEO fears competition from mobile players; former IndyMac CEO fights the SEC.

A bill in the Senate, which would require 13 more steps for new financial regulations, including a cost-benefit analysis, is drawing attention. The committe vote on it has been delayed until after the election, but there's a chance it could still move quickly.

The FTC told a House subcommittee that Fair Credit Reporting Act enforcement remains a priority and it is committed to teaching about consumer reports, credit scores and their rights.

The billing methods used by Fairview Health Services' former collection agency Accretive Health violated federal patient-protection laws, regulators say.

Panelists at American Banker's Regulatory Symposium, including Eagle Bancorp CEO Ronald Paul, fear that small banks could lose deposits to bigger competitors if the program ends.

Fed chief says regulators' proposal for implementing capital accord is not intended to be a 'one-size-fits-all' approach.

No one group dominates the panel, which includes bank and credit union executives, consumer advocates and community development officials.

Banks will not regain the public's trust with good marketing, PNC chief executive officer James Rohr tells American Banker's Regulatory Symposium.

The Consumer Financial Protection Bureau will not include a 20% down payment requirement for low-risk loans in its pending mortgage proposal, nor does it seek to covertly rewrite Dodd-Frank, Director Richard Cordray told Senate Banking.

The Federal Reserve announced an indefinite round of quantitative easing in hopes of improving the stagnant economy. Some feel the move may help the lagging job market, while others feel it illustrates Einstein's definition of insanity.

Friends of Traditional Banking, a SuperPAC founded by state banking groups last spring, has voted to support Republican Sens. Scott Brown of Massachusetts and Dean Heller of Nevada.

The agency said Wednesday that it recouped roughly $149 million from selling preferred stock in Alpine Banks of Colorado in Glenwood Springs; Yadkin Valley Financial (YAVY) in Elkin, N.C.; First Community Financial Partners (FCMP) in Joliet, Ill.; F&M Financial in Clarksville, Tenn.; and F & M Financial in Salisbury, N.C.

You can't write or say anything about Dodd-Frank these days without being accused of taking sides.

The Federal Reserve Board has entered into separate written agreements with Doral Financial (DRL) and State Bank of Geneva.

You can't write or say anything about Dodd-Frank these days without being accused of taking sides.

In remarks planned for American Banker's Regulatory Symposium, the potential candidate for House Financial Services chairman holds little back in criticizing the central bank.

Prepared remarks from Rep. Scott Garrett, R-N.J., who is delivering the opening keynote address at American Banker's Regulatory Symposium in Washington today.