Policymaking

The former head of the agency’s innovation initiative, Project Catalyst, argues the bureau can take several steps to update its innovation policies.

The JPMorgan Chase leader overshadowed his own community investment event by baiting President Trump.

By noon, JPMorgan sent out a statement from Chairman and CEO Jamie Dimon, backtracking completely.

Consumer advocates and academics recently removed from the Consumer Advisory Board said they were "disappointed" that the board will be reconstituted with fewer members.

The agency announced a new lineup for the Consumer Advisory Board after having fired its previous members and those of two other panels.

As the demand for home rentals continues to rise, regulatory burdens could decrease the multifamily housing supply and drive up costs, witnesses said at a congressional hearing.

The appointments are on top of other recent personnel changes under Chairman Jelena McWilliams, who took the reins of the agency in June.

The agency is seeking public comment on how to reform the Community Reinvestment Act — a big step forward without the Fed or the FDIC on board.

The industry’s profit was $60.2 billion, a more than 7% increase from the previous record set in the first quarter and a 25% leap from a year earlier, the agency said in its quarterly report on the industry's health.

As director of the Fed's Division of Research and Statistics, David Wilcox is responsible for briefing the Federal Open Market Committee on the outlook for the national economy.