Politics

Reps. Lacy Clay and Emanuel Cleaver, both from Missouri, have shown interest in running the panel that could be a focal point in efforts to reform Fannie Mae and Freddie Mac.

The Democrat, who will likely head the Financial Services Committee, has signaled she'll make expanded housing opportunities for lower-income consumers a top priority.

The financial industry is not expecting movement on a lot of legislation given a divided Congress, but one measure is beginning to attract widespread attention.

The financial industry is not expecting movement on a lot of legislation given a divided Congress, but one measure is beginning to attract widespread attention.

The federal regulator cited recent “cost savings” and promising projections for costs and revenue next year in announcing the reduction in assessments.

The North Carolina lawmaker had been considered for a potentially bigger House leadership position if Republicans had held on to their majority.

Lawmakers have had to extend the program eight times since October 2017, as Congress has been unable to pass broader reforms.

Banks have criticized the new accounting standard, but it would likely soften future bubbles and reduce subsequent credit crunches by requiring that reserves be held upfront when loans are made.

The initiative would allow financial firms to test new — and potentially less transparent — disclosure forms on customers.

The Credit Union National Association will not ask Mississippi Republican Cindy Hyde-Smith to return its campaign contribution, even as a number of major corporations have asked for their money back.

A 10-year exemption for banks offering estimated fees and exchange rates under the rule, instead of exact amounts, is set to expire in 2020. Lawmakers should consider a temporary extension.

Readers react to trends in public banking, weigh potential changes for brokered deposits, consider oversight of foreign banks and more.

Love, a member of the House Financial Services Committee, was the only Republican member of the Congressional Black Caucus.

Decades-old measures designed to rein in risky lenders are now preventing healthy banks from tapping crucial sources of funds.

There is a surprising amount of pessimism in the air among bankers, including fears of another recession and House Democratic activism. But there are lots of reasons financial institutions should be feeling good.

The megabank’s continued compliance problems suggest that all of its board members, along with 100 of its most senior managers, should be replaced to make way for real change.

The initiative would allow financial firms to test new — and potentially less transparent — disclosure forms on customers.

The end of one-party rule in Washington could move the needle on efforts to devise a new housing finance framework.

Readers respond to the burgeoning debate over brokered deposits, consider the Democratic presidential hopefuls for 2020, weigh the Consumer Financial Protection Bureau's latest regulatory efforts and more.

A 10-year exemption for banks offering estimated fees and exchange rates under the rule, instead of exact amounts, is set to expire in 2020. Lawmakers should consider a temporary extension.