Policymaking

A federal appeals court upheld a ruling that barred hedge funds from suing to overturn the U.S. government’s 2012 decision to capture billions of dollars in the profits generated by the mortgage guarantors Fannie Mae and Freddie Mac after their bailout.

Activists are pressuring banks involved in financing the controversial Dakota Access pipeline to abandon the project. If banks remain committed, they risk alienating customers, but divestment could set a bad precedent.

Banks are woefully unprepared to face potential cybersecurity threats stemming from third-party technology providers, according to a report issued Wednesday by the Federal Deposit Insurance Corp.’s independent watchdog.

Linda McMahon, who married into one of wrestling’s founding families and helped build the WWE into the largest professional wrestling company in the world, was confirmed Tuesday as the head of the Small Business Administration.

Rather than just avoiding costly rules, cost-benefit analyses can also validate worthy ones. That is the case with proposals to toughen the leverage ratio.

Regional banks don’t pose risks to the financial system that have caused concern among policymakers, executives of 18 banks told top Republican and Democratic lawmakers in Congress.

Financial firms are going on offense in Washington, pressing a policy agenda that would have been unimaginable just a few months ago. Some proposals, like reforming the Consumer Financial Protection Bureau, have been floated before while others began to gain traction after Republicans swept the November elections. Here's a look at some of the industry's requests.

Republican lawmakers and Trump administration officials oppose the Consumer Financial Protection Bureau, but efforts to beat back CFPB policies might be a longer fight than many in the industry would like.

The settlement resolves a bitter, pre-crisis court fight in which Hank Greenberg squared off against three successive New York attorneys general over 11 years.

While lenders support the intent of a proposal to encourage the growth of private flood insurance, they claim a regulatory proposal doesn’t give lenders enough flexibility and remains too complicated.