Stacy Kaper

Senate Banking Committee members raised a host of concerns Thursday about the state of the financial services industry as regulators grapple with a mountain of new rules mandated by the Dodd-Frank Act.

Nearly seven months after passing a bill that included a measure to limit interchange fees on debit cards, lawmakers on Thursday were expressing buyer's remorse.

Republicans and Democrats sparred Tuesday over the economic impact of derivatives regulations as the House prepared for a broader fight over the budgets of agencies tasked with writing and enforcing the new rules.

Although the estimated costs of the Troubled Asset Relief Program have fallen markedly during the past year, the Obama administration's 2012 fiscal budget said the largest banks that benefited from the bailout should still be taxed to make up any cost to the government.

Some lawmakers, industry insiders and consumer advocates say a legislative role is needed to ensure rules are binding and combine various state and federal policies.

House Financial Services Committee Chairman Spencer Bachus continued criticism Monday of the administration's delay in offering reforms for the GSEs.

The White House's removal of Joseph Smith as a nominee to be the director of the Federal Housing Finance Agency does not bode well for an administration facing so many regulatory jobs to fill, observers said Friday.facing

The absence of banking issues from the State of the Union speech was logical two years after the crisis, but the President's silence on areas still in turmoil disappointed lawmakers.

A group of House Financial Services Democrats are raising questions about whether taxpayers will be fully protected under the terms of a recent settlement over poorly underwritten loans held by Fannie Mae and Freddie Mac.

While 2010 was an all-out scramble by Democratic leaders to harness outrage over the financial crisis to push reg reform over the finish line, the legislative outlook for next year ...

Outgoing House Financial Services Committee Chairman Barney Frank sharply criticized incoming chairman Rep. Spencer Bachus on Wednesday, ridiculing the Alabama Republican for reportedly saying "Washington and the regulators are there to serve the banks."

The new slate of House Republicans picked to preside over financial services said they intend to downsize or dismantle the mandates supported by their predecessors.

Rep. Spencer Bachus was formally selected by the Republican Steering Committee on Tuesday to serve as chairman of the House Financial Services Committee next year.

Far from being partners, observers said Rep. Barney Frank and whoever the GOP picks to succeed him as Financial Services Committee chairman are likely to be at loggerheads.

For the first time since significant mortgage servicing problems came to light, federal regulators called on Congress Wednesday to establish national standards for the foreclosure process.

Rep. Randy Neugebauer, R-Texas, is gearing up to play a leading role on the House Financial Services Committee next year — to ensure that regulators do not overstep their bounds.

Top executives want to reassure lawmakers that foreclosure alternatives are paramount.

Rep. Ed Royce clearly sees himself as a stronger leader at a critical time for his party and the financial services industry.

Two different interpretations of this week's historic midterm elections emerged, with both sides competing to say how the vote would impact the financial services world.

Spencer Bachus, who just months ago was seen as unlikely to assume the top spot on the House Financial Services Committee now that Republicans have won control of the House, is now the odds-on favorite.