Regulatory relief

The letter from lawmakers to the bureau follows a report that the agency does not view the exams as explicitly required by the law.

While the industry's trend of supporting Republicans continues, Senate Democrats who backed reg relief are drawing key industry support.

While bankers typically donate more to the political re-election campaigns of Republicans, their giving has shifted more to Democratic incumbents in the Senate for the upcoming midterms.

All five are Republicans and they include senior House GOP leaders, contenders to head the Financial Services Committee and strong voices in favor of regulatory relief.

Some of the tightest contests in the midterm elections may have big implications for the future of banking policy.

A new law exempts small lenders from expanded mortgage data reporting, but regulators are signaling that banks and credit unions no longer have to collect the data either.

The proposal released in May to clarify how banks comply with the proprietary trading ban would “undermine a fundamental provision" of Dodd-Frank, lawmakers said.

A new law exempts small lenders from expanded mortgage data reporting, but regulators are signaling that banks no longer have to collect the data either.

Credit union trade groups are lauding the Senate's move to provide $250 million for the Treasury Department's Community Development Financial Institutions fund.

Fintech firms have the federal option they have long sought, but meeting the agency’s application requirements will not be easy.