Regulatory & Compliance

Though Federal Reserve Chairman Ben S. Bernanke is likely to be confirmed for a second term, lawmakers of both parties used a hearing last week to express their concern about aspects of his job performance.

Everyone these days is mandated to do more with less. Remember the good old days when we had to do less with more? Me neither.

For those who follow financial services restructuring in the House, it's show time.

Judges could be allowed to reset the terms of mortgages and all credit unions would be exempt from the Consumer Financial Protection Agency.

Credit unions could have several chances this week to finally get the cap on member business lending raised.

Saying credit unions should not be discouraged from accepting deposits for fear of their negative impact on capital, NCUA Chairman Debbie Matz today urged Congress to give credit unions more options in accepting outside capital.