Law and regulation

A report due next week on the Federal Housing Administration's financial health is expected to show that the agency's reserve fund has significantly improved over the past year.

Sen. Elizabeth Warren's rise to a spot on the Democratic leadership team has supporters cheering, but it remains to be seen how the role will affect her work on banking issues.

Senator Elizabeth Warren opposes President Barack Obama's nomination of Antonio Weiss to a top Treasury Department post because of the Lazard Ltd. executive's work on corporate tax inversions, a person familiar with the lawmaker's position said.

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

Consumer groups said that the Consumer Financial Protection Bureau was too soft in its prepaid card plan, arguing that it should have required more on upfront disclosures, banned overdraft charges, and completely severed prepaid cards from being tied to other types of credit.

Consumer groups said Thursday that the Consumer Financial Protection Bureau was too soft in its prepaid card plan, arguing that it should have required more on upfront disclosures, banned overdraft charges, and completely severed prepaid cards from being tied to other types of credit.

The Federal Reserve Bank of Dallas said President Richard Fisher will step down on March 19, making him the second district chief and voting policymaker this year to announce his retirement from the central bank.

Bank industry representatives initially panned the concept of the Postal Service offering retail banking products. But as the government official behind the idea has made clear that he is interested in collaboration with the private sector, attitudes have begun to change.

WASHINGTON — The Consumer Financial Protection Bureau slapped Franklin Loan Corporation with a $730,000 fine on Thursday for allegedly incentivizing loan officers to guide customers into mortgages with higher interest rates.

For payment technology developers, the stakes couldn't be higher as the FCC develops new rules that could support or eliminate net neutrality, a system in which Web access is equal for most users, regardless of size.

Trade groups press federal banking regulators to make the Basel III capital rule less onerous.

Senate Democrats have tapped Sen. Elizabeth Warren, D-Mass., to join the leadership ranks next year to serve as a bridge to liberal groups.

The Financial Stability Oversight Council said this week that transparency with nonbanks and the public is a primary focus of its efforts to resolve concerns about the council's process for designating institutions as systemically significant.

Republicans are unlikely to push the ball forward on reform of the federal housing agencies, but Congress has a number of other opportunities to make changes that will encourage mortgage lending.

The Consumer Financial Protection Bureau is set to go beyond industry expectations when it unveils a long-awaited proposal Thursday that would establish new requirements for prepaid cards.

The Consumer Financial Protection Bureau is set to go beyond industry expectations when it unveils a long-awaited proposal Thursday that would establish new requirements for prepaid cards.

The more than $4 billion in fines over alleged price manipulation may seem small, but the allegations give regulators more reason to crack down on management and raise the prospect of criminal action against the banks.

Merchant and banking groups are again at odds over cybersecurity policy, sparring over who’s to blame for recent data breaches and how lawmakers can ensure greater protections.

The company cited uncertainties with industrywide litigation and the regulatory environment in the move. In August, a New York regulator questioned its purchase of the unit from an affiliated company.

The Federal Trade Commission has ordered two debt sellers—St. Petersburg Florida's Bayview Solutions, LLC and Riverside, California's Cornerstone and Company, LLC — to notify customers about alleged disclosures of their personal information.