Tag: FDIC

AIG's 2008 collapse highlighted the need to identify non-bank threats to the financial system. (AP)

Regulators to overhaul system of naming risky financial firms

Joseph Lawler · February 5, 2015 12:40 am

In this July 20, 2014 photo, with guns displayed for sale behind her, a gun store employee helps a customer at Dragonman's, east of Colorado Springs, Colo. (AP Photo/Brennan Linsley)

Lawmaker says FDIC backing down from ‘Choke Point’ probe

Sean Higgins · January 29, 2015 9:35 pm

Bank regulators colluded with Justice Department officials to smother legitimate industries the administration wanted to eliminate, a congressional report found. (Graeme Jennings/Examiner)

FDIC, Justice officials teamed up to target legal businesses they disliked

Sarah Bedford · December 10, 2014 2:21 pm

Former Federal Deposit Insurance Corporation chair Sheila Bair speaks at the 2014 Fiscal Summit organized by the Peter G. Peterson Foundation in Washington, Wednesday, May 14, 2014. (AP Photo)

Beltway Confidential

Revolving Door: Top bank regulator Sheila Bair to K Street giant DLA Piper

Timothy P. Carney · December 1, 2014 3:34 pm

(iStock image)

Fewer Americans lack bank accounts as unemployment recedes

Joseph Lawler · October 29, 2014 2:15 pm

In addition to a deep recession, soaring unemployment, a stock market crash, and collapsing housing prices, banks must prepare to withstand oil prices at $110 a barrel, federal regulators said Thursday. (iStock)

Bank stress tests: Stock market collapse, recession, $110 oil

Joseph Lawler · October 23, 2014 10:04 pm

Although the industry prevailed on the mortgage rule, lenders remain worried about having to buy back faulty loans from government mortgage buyers Fannie Mae and Freddie Mac, and, even more importantly, the threat of future litigation over loans they make.Â (iStock)

Don’t expect easier credit from watered-down mortgage rule

Joseph Lawler · October 22, 2014 9:00 am

In letters made public Oct. 17 to the Federal Reserve Board and the Comptroller of the Currency, Issa and Jordan cited passages from a 2013 FDIC letter in which a regional director "effectively ordered a target bank to terminate all relationships with payday lenders." (AP Photo/Elaine Thompson)

Congressional probe finds federal regulators targeted legal businesses

Sarah Bedford · October 19, 2014 10:18 pm

Monday's meeting included Treasury Secretary Jack Lew, right, Federal Reserve Chairwoman Janet Yellen, left, Comptroller of the Currency Thomas Curry, and other top U.S. financial regulators in addition to Gruenberg. (AP Photo)

U.S., U.K. regulators meet to game out a big bank failure

Joseph Lawler · October 13, 2014 5:56 pm

The nearly 37 million hours required to fill out the required paperwork each year translates to roughly 18,000-19,000 full-time jobs.

Banks spend 37 mil hours on paperwork

Joseph Lawler · October 1, 2014 9:00 am