Policymaking

A federal appeals court on Thursday denied efforts by 16 Democratic attorneys general, several consumer groups and two Democratic lawmakers to defend the CFPB in a critical case.

An explicit government guarantee of Fannie Mae and Freddie Mac is imperative to reform the secondary market, but it needs to be carefully circumscribed.

Cannabis could become a national $100 billion industry within 10 to 15 years. The U.S. has a choice: responsibly regulate cannabis or allow cannabis to become a narco-state unto itself.

The Senate Finance Committee approved the nomination of Treasury Secretary-designate Steven Mnuchin 14-0 on Wednesday after changing the rules to allow Republicans to vote without any Democrats present.

Democrats boycotted the Senate Finance Committee's planned vote Tuesday on the nomination of Treasury Secretary-designate Steven Mnuchin, temporarily preventing it from moving forward.

Senate Democrats delayed a planned panel vote Monday on the nomination of Treasury Secretary-designate Steven Mnuchin, pushing it back until Tuesday morning.

The largest U.S. banks are treading lightly in response to President Trump's executive order banning travel to the U.S. by refugees and others from certain Muslim nations. Corporate statements emphasize the need for diversity while stopping short of outright opposition.

Several prominent Democrats, including Minority Leader Charles Schumer, said Monday that they would oppose the nomination of Treasury Secretary-designate Steven Mnuchin.

By cutting back on paperwork requirements and regulatory red tape, policymakers can unleash the power of community banks to spur lending and economic growth.

Despite their global reach, the largest U.S. banks mostly stayed quiet in response to President Trump’s ban stopping nationals from certain Muslim countries from entering the United States.

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.

Democrats and progressive groups have drawn a line in the sand over Consumer Financial Protection Bureau Director Richard Cordray, hoping to capitalize on the successful march on Washington this past weekend to rally support for him and his agency.

Beyond reasserting Republican control over the agency for the first time since 2009, President Trump's appointment of Mark McWatters as acting NCUA chair is expected to have little immediate impact.

A new director of the consumer bureau must focus on how a still-relatively-young agency matures while maintaining a positive consumer protection agenda.

A new director of the consumer bureau must focus on how a still-relatively-young agency matures while maintaining a positive consumer protection agenda.

Democratic attorneys general in 16 states and the District of Columbia have asked to defend the Consumer Financial Protection Bureau in a controversial appeals court case, citing an "urgent" need to protect its director, Richard Cordray, from being fired by President Donald J. Trump.

President Trump’s reported interest in GE Energy Financial Services CEO David Nason is sending the signal that the new administration intends to take a measured approach to financial regulation.

The Consumer Financial Protection Bureau's Director Richard Cordray refused to comment on how he would respond if President Donald J. Trump asked for his resignation, but said the independence of the consumer watchdog agency was "worth fighting for."

The Senate Banking Committee voted unanimously to approve the nomination of Ben Carson as secretary of Housing and Urban Development, sending his nomination forward to the full chamber.

The Consumer Financial Protection Bureau is ramping up enforcement actions ahead of a possible political showdown between President Donald J. Trump and the agency’s director, Richard Cordray.