Politics

The agency’s flawed methodology for determining interest rate caps on certain accounts poses risks for banks offering free, low-deposit checking and the financial system more broadly.

As he weighs a possible presidential bid, Sen. Sherrod Brown, D-Ohio, touched on a likely campaign theme Tuesday, saying both political parties have done a poor job dealing with rural concerns.

Rep. Kyrsten Sinema, D-Ariz., crafted a moderate message and will head to the Senate after having backed legislation providing banks with regulatory relief.

Sen. Sherrod Brown, a longtime industry critic, said Monday that he’s weighing a possible 2020 bid.

Social Security numbers are used to verify identity across the financial services industry, but their use is outdated and leaves consumers vulnerable to data breaches.

A split Congress starting in January will likely result in total legislative gridlock – which actually works both for and against credit unions.

What the Democrats' House takeover means for banks; Synchrony has a lot to lose in fight with Walmart; should industry fear Waters-led banking panel?; and more from this week's most-read stories.

At the California and Nevada CU Leagues' annual REACH conference in Hollywood, credit union executives offered their take on how the 2018 election could impact the industry.

There was speculation the North Carolina congressman wanted a higher Republican leadership role, but on Thursday he expressed interest in the ranking member position.

The presumptive chair of the Financial Services Committee resumed her tough criticism of the administration, but also committed to "hearing a range of views" if handed the gavel.

The head of the Consumer Bankers Association lays out four industry priorities for the regulatory push to overhaul the Community Reinvestment Act.

During his time as U.S. attorney general, Jeff Sessions was an outspoken opponent of the legalization of cannabis sales. Now that Sessions has resigned, legal marijuana is poised to become a growth industry.

The results won’t do much to stimulate loan growth but could still provide the boost that investors have been waiting for.

Tester is the only Democratic supporter of the recent regulatory relief package sitting on the Banking Committee to win re-election this fall.

Jon Tester is the only Democratic supporter of the recent regulatory relief package sitting on the Banking Committee to win re-election this fall.

Real estate and mortgage industry groups outspent proponents 3-to-1 to defeat Proposition 10, a measure to allow California municipalities to set local rent control laws.

The Senate is losing several key backers of last spring’s regulatory relief bill in the wake of the midterm elections.

The industry and its allies have their work cut out for them navigating the political standstill.

With the midterms finally over, we discuss how the results will affect regulatory and legislative policy for financial institutions going forward — as well as how they'll affect the 2020 race.

Credit union trade groups invested more than $7 million in this year's midterm elections. Did that record-breaking gamble pay off?