The House Financial Services Committee is moving to effectively shut down the operations of the FSOC for at least six months by barring it from designating any financial institution as systemically significant.
Insurance industry trade groups Tuesday urged Congress to promptly pass legislation designed to partly roll back federal authority to oversee or monitor insurance companies enacted as part of the Dodd-Frank financial reform act.
Lawsuits filed by the Federal Deposit Insurance Corporation against chief executives of failed financial institutions have outpaced new filings in any period over the past three years, shows a new research study.
In U.S. Senate Banking Committee testimony this week, Federal Reserve Board Gov. Daniel K. Tarullo offered a few insights to the Federal Reserve as it develops capital rules for insurers under its oversight.
In U.S. Senate Banking Committee testimony this week, Federal Reserve Board Gov. Daniel K. Tarullo offered a few insights to the Federal Reserve as it develops capital rules for insurers under its oversight.
demand by a House Financial Services subcommittee chairman that bank regulators move quickly to impose a rule requiring mortgage lenders to accept private flood insurance is prompting a split in the insurance industry.
demand by a House Financial Services subcommittee chairman that bank regulators move quickly to impose a rule requiring mortgage lenders to accept private flood insurance is prompting a split in the insurance industry.
The Federal Reserve Board announced its approval of a final rule that defines the terms "significant nonbank financial company" and "significant bank holding company."
The Federal Reserve Board announced its approval of a final rule that defines the terms "significant nonbank financial company" and "significant bank holding company."
Insurance and bank industry officials and lawyers estimate premiums for small banks have risen at least 15 percent since the financial crisis spanning the late 2000s.