Politics

In a letter to the Office of the Comptroller of the Currency, the American Bankers Association rebuffed state regulators' calls to rescind the agency's broad state preemption rule, defending federal law's supremacy in the dual banking system.

The Trump administration's plan to shift $1.6 trillion in student loans could include a sale to a private buyer. If that's the case, any potential purchaser has some serious due diligence to undertake.

Analysts awaiting specifics on the "implicit guarantee" for Fannie Mae and Freddie Mac are split on whether mortgage rates and guarantee fees could rise.

What if the guiding narrative of 2,000 years of human history was a slow march toward the worship of money? A new book by Paul Vigna argues that we could fix this problem if we declared an old-fashioned jubilee and simply erased all debts.

Banks sued the Consumer Financial Protection Bureau last year to stop the 1033 open banking rule from taking effect. Now the Trump administration plans to kill the rule.

During its meeting last month, some members of the Federal Reserve's monetary policy committee expressed concern about persistent supply chain disruptions while others were confident price growth would be constrained.

The quarterly data showed bank profits were driven by gains at large firms while credit quality remained mixed, with commercial real estate loan stress at relatively high levels.

The Treasury Department is claiming extensive authority to pry into the private financial information of Americans on the flimsiest of pretexts. It's time for the courts to step in.

Agency lawyers called the rule, which was almost a decade in the making, "unlawful" in a court filing.

The Federal Reserve and several industry groups agreed to put an indefinite stay on their legal fight over the annual examination process.