Senate Banking Committee advances Hill nomination to be FDIC chair

The members of the Federal Open Market Committee expressed “strongly differing views” over whether to further trim the federal funds rate at its December meeting, according to minutes released of the committee’s October meeting.

Policymakers should resist the urge to “overreact” in the wake of crisis, as they did following the 2008 financial crisis, Federal Reserve Governor Stephen Miran said.

President Trump has nominated Stuart Levenbach to lead the CFPB, but a bureau spokesperson told Politico the nomination was a "technical" maneuver to allow OMB Director Russ Vought to continue leading the agency as acting director without a...

ABA joined other industry trade groups and a consumer rights organization in urging the FCC to require voice service providers to take specific actions to shore up the existing call authentication framework to better protect consumers against fraud.

The Federal Reserve released a set of new supervisory operating principles that instructs its bank supervisors to focus on material financial risks rather than “processes, procedures and documentation” that do not pose a threat to a bank’s safety...

Lawmakers on the House Financial Services Committee heard from bankers and other experts on possible ways to modernize the deposit insurance framework, with committee members offering a variety of perspectives and potential paths.