Regulatory relief

The central bank has drawn mixed reviews for new stress test scenarios and changes to how much banks know about the test beforehand. Its top regulatory official says the enhancements help the post-crisis regime evolve.

Banks say regulatory relief efforts should go even further, while public interest groups — and even one of the Fed’s regional offices — say the proposals to roll back supervisory standards go too far.

Fixing the housing finance system is "the last piece of unaddressed business from the financial crisis," according to a summary of to-do items released by the Banking Committee's chairman.

Brian Knight at George Mason University says fintechs will be held accountable for legal violations in sandboxes — and banks can use sandboxes, too.

These heads of regulatory agencies and key members of Congress will determine the course of banking rules in the new year.

From anti-money-laundering reform to pot banking, there are deals to be had on financial services legislation. The question is whether anyone wants to make them.

The plan would implement a congressional mandate that only the biggest banks must conduct internal stress tests.

Sens. Kevin Cramer, R-N.D., and Martha McSally, R-Ariz., will fill the two GOP vacancies in the new Congress.

The agencies are weighing a plan to reduce the scope of residential real estate transactions requiring an appraisal, but appraisers have warned that the proposal could have consequences.

The federal banking regulators have proposed allowing more directors and management officials to serve at more than one institution in an effort to provide relief to community banks.

The move is sure to draw criticism from bankers because it would allow credit unions to compete for backing from private investors.

The move is sure to draw criticism from bankers because it would allow credit unions to compete for backing from private investors.

A proposal allowing more lenders to skip outside appraisals could remove a hurdle to quick closings, but appraisers say they could be collateral damage.

As Congress moves closer to its Dec. 21 deadline to keep the government funded, the outlook for more financial services regulatory relief continues to worsen.

Sen.-elect Kyrsten Sinema, D-Ariz., and Sen. Tina Smith, D-Minn., will join the panel as their caucus loses two other committee members who suffered election defeats.

Three different methodologies will be tested in the pilot program, which is expected to last about three years.

The newly sworn-in director’s first public remarks seemed to contrast with the approach of her predecessor, Mick Mulvaney, who at times questioned the role of the agency.

The newly sworn-in director’s first public remarks seemed to contrast with the approach of her predecessor, Mick Mulvaney, who at times questioned the role of the agency.

The agency's departing acting director filed a proposal Monday for a new sandbox that would grant firms a legal safe harbor and "exemptive relief" from enforcement.

The idea that deposit brokers are trying to game the deposit insurance system and could contribute to another crisis is outdated.