Politics and policy
Politics and policy
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The Federal Deposit Insurance Corp. has sent a draft proposal to revise the supplemental leverage ratio to the Office of Information and Regulatory Affairs as a first step toward revising the leverage rule.
June 9 -
Trump's bank regulatory team is advancing all types of wish-list reforms, some more radical than others. When, not if, the political winds change, banks should be ready for a sharp reversal, what could become a wave of "revenge regulations."
June 9 -
The Banking Committee's portion of the Senate budget bill would eliminate the Consumer Financial Protection Bureau's ability to request funding from the Federal Reserve, a move that goes further than House Republicans' version of the bill.
June 6 -
Congressional Democrats offered a bill Friday requiring the Treasury Department to apply the anti-money-laundering requirements of the Corporate Transparency Act more fully and help educate small businesses on how to comply with reporting of beneficial ownership information.
June 6 -
In her first speech since being confirmed as the Federal Reserve's vice chair for supervision, Michelle Bowman outlined a set of ambitious pursuits that would overhaul bank regulation and examination.
June 6 -
The U.S. economy added 139,000 jobs, a healthy clip that counters the president's calls for a rate cut to bolster the labor market.
June 6 -
Elon Musk's decision to step away from the Department of Government Efficiency has bankers in wait-and-see mode for what policy plays are next.
June 6 -
The National Conference of State Legislatures asked that leading lawmakers strike a provision in the Senate stablecoin bill that they say would preempt state authority to bar state-chartered special purpose depository institutions from operating in their state.
June 5 -
Some Wall Street investors are beginning to doubt whether the harshest outcomes of President Trump's tariff threats will materialize. But in the absence of certainty, banks still face real challenges in M&A and long-term strategy.
June 5 -
The Federal Reserve Board governor said higher import tariffs could have a "persistent" impact on inflation.
June 5