Regulatory reform

President Trump’s aim to scale back financial regulations may make it easier for student loan borrowers to maintain federal class actions.

There are barriers to possible efforts by acting Comptroller of the Currency Keith Noreika to act unilaterally to change the Volcker Rule.

FHFA Director Mel Watt warned Thursday that to prevent a potential draw on the Treasury Department by the government-sponsored enterprises, he is willing to act unilaterally to rebuild capital at Fannie and Freddie.

Without powers granted by the Dodd-Frank Act to unwind failing financial firms, a central and known problem that contributed to our last financial crisis would become a core problem of our next one.

Charles Munger, the vice chairman at Warren Buffett's Berkshire Hathaway, said the leaders of his political party risk going too far in their efforts to reduce oversight of banks.

If proposed tax cuts were enacted, Fannie Mae and Freddie Mac would be required to make an initial adjustment that could wipe out their capital.

The House Financial Services Committee approved the Financial Choice Act by 34 to 26. While it has enough support to clear the GOP-controlled House, it is unlikely to gain traction in the Senate.

The House Financial Services Committee began debate Tuesday on a sweeping regulatory reform bill, yet while it is expected to pass on party lines, few expect it to stand a chance in the Senate.

Rebeca Romero Rainey, a third-generation community banker who rose to executive leadership in her early 20s, has been tasked to lead the Independent Community Bankers of America at a pivotal time.

Cam Fine, the longtime CEO of the Independent Community Bankers of America, is set to announce plans to retire next year, handing the reins to a community banker.