Lew, former OMB director, currently is White House Chief of Staff and would succeed Timothy Geithner.
CEO Vikram Pandit steps down, along with President/COO Michael Corbat on Tuesday, effective immediately.
Sens. Chuck Grassley of Iowa and Mark Kirk of Illinois take Treasury secretary to task over non-action in LIBOR manipulation scandal.
Oklahoma, South Carolina and Michigan join action that includes NCUA Chairman Debbie Matz as a defendant.
Financial Stability Oversight Council was created to ensure systemic financial risks are quickly identified. GAO says more transparency needed to accomplish that.
Banks hoping Congress will extend the FDIC’s Transaction Guarantee Program are facing opposition from Tennessee senator.
NAFCU president asks Treasury secretary to intervene on behalf of credit unions.
NCUA Chairman Debbie Matz was named as a defendant in a lawsuit that challenges the constitutionality of the Consumer Financial Protection Bureau.
The Ohio Credit Union League just received a hand-delivered letter from Sen. Sherrod Brown (D-Ohio) in support of the tax exemption.
Plaintiffs challenge creation of CFPB and FSOC, Cordray's appointment.