Volcker Rule

The Treasury plan includes a slew of items that don’t require Congress to act, and appear feasible in the short term. Here's a guide to what changes could be made.

Sen. Mike Crapo, R-Idaho, welcomed Treasury Department recommendations on how to reform financial regulations and expressed optimism that many of the suggestions could become law.

The Treasury Department published its first report on regulatory reform, offering some familiar industry asks alongside some surprising positions.

Senators on both sides of the aisle paid lip service Thursday to giving relief to community banks and credit unions, but didn't appear closer to specifics of what would be in a bill.

The Fed is working on providing a more helpful guide on how the central bank’s testing models work and taking a lighter touch to supervising bank boards.

The ability of federal agencies to interpret the Volcker Rule and other provisions of the Dodd-Frank Act could be a positive for advocates of deregulation.

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

The Financial Stability Oversight Council discussed its designation of certain nonbanks as systemically important and the "efficacy" of the Volcker Rule at a closed-door meeting on Monday.

Treasury Secretary Steven Mnuchin said fixes to orderly liquidation authority and the Volcker Rule would be included in regulatory recommendations to the president due this summer.

Bank earns $75 million for saving Bass Pro Shops's acquisition of rival outdoor retailer; Trump to name Randal Quarles as Fed's vice chairman for bank supervision.

Hacker group Shadow Brokers says U.S. intel agency compromised parts of the global banking system; bank's directors gear up for tough election at annual meeting.

Observers are divided over whether National Economic Council Director Gary Cohn's support for a modernized Glass-Steagall Act is purely opportunistic or sincere.

Access to banking information ensures advisors can perform holistic planning, fintech firms say.

FDIC Vice Chairman Thomas Hoenig's plan to allow large institutions to separate their core banking activities from their investment activities could allow the Trump administration a way to reinstate the Glass-Steagall Act.

In an exclusive American Banker poll, bankers see President Trump as a positive force for the financial services industry and are optimistic his administration can deliver on CFPB reform and simpler capital rules.

An amended proprietary trading ban could limit conflicts for firms with both lending and securities arms, and prevent large banks from using deposits for speculative activity.

President Trump is scheduled Friday to order a review of Dodd-Frank and a halt to the Obama fiduciary rule. A signing ceremony is set for noon following a meeting of more than a dozen top corporate executives.

Treasury Secretary-designate Steven Mnuchin struck a pro-banking industry tone during testimony on Capitol Hill Thursday while tangling with lawmakers over foreclosures, offshore accounts and other issues.