Law and regulation

Never, ever, give Twitter accounts to stockbrokers. If you give thousands of commission-based sales people access to broadcast media, someone is bound to say something stupid.

Growth rates have approached levels observed during the onset of the financial crisis in 2008.

Many commentators ignore this part of the central bank's job and think any bank that gets liquidity from the Federal Reserve is a failed bank.

WASHINGTON — Scott Polakoff, the former acting director of the Office of Thrift Supervision, has joined FinPro Inc.

Rep. Barney Frank took a moment on the House floor this week to ask why there was such opposition to making Elizabeth Warren the head of the new Consumer Financial Protection Bureau.

"The Daily Show" host decided to focus his attention on the one-year anniversary of the Dodd-Frank Act by inviting the law to appear on his show.

In e-mail to staff, the de facto agency head praises employees and looks to the future.

Team,

Rather than pushing hard for repeal, congressional Republicans are taking a small-bore approach in their opposition to the 2010 reform law.

A minimum credit score would not cap or regulate risk, or even measure it consistently. Instead it would ensure that the risk floor for QRMs would actually fluctuate.

If I came across a borrower who is deep in debt and whose obligations exceed their income and yet continues to borrow to service those obligations, I would not consider them a good risk.

WASHINGTON – The Senate Banking Committee will hold a hearing next Thursday on the nomination of Richard Cordray to head the Consumer Financial Protection Bureau.

Market evolution in recent decades has made it harder and harder for smaller institutions to access capital. Meanwhile, regulatory restrictions impede alternatives that could fill the void.

Under the Dodd-Frank Act, the National Futures Association is set to take on a good deal more authority over the swaps and derivatives market.

Herb Allison recently spoke to American Banker about his new e-book, "The Megabanks Mess." Here is an edited transcript of the interview:

The agency's final rule contains glaring legal errors and whitewashes the role preemption played in enabling the lending excesses that precipitated the crisis.

Hell-bent on protecting its dominant share of the U.S. debit card market amid new regulations, Visa Inc. introduced pricing incentives for merchants to route more transactions over its network.

If banks can track borrowers' interest rates and terms, how hard can it be for them to track which borrowers are serving in the military?

Herb Allison, the former president of Merrill Lynch, head of Fannie Mae, and top Treasury official, says there is only one way to end "too big to fail."

Federal banking regulators are preparing guidance to address issues if the debt ceiling is not raised before Aug. 2, while large bank CEOs are calling for action.