Collectively, Americans now owe a record $1.21 trillion on their credit cards, according to a new quarterly report on ...

The first real-time payments system was launched by The Clearing House (TCH) about seven years ago. It recently announced ...

The heads of both the House and Senate banking committees introduced a Congressional Review Act resolution to undo the ...

Republican U.S. House and Senate Members Lead Effort to Overturn Biden Administration’s Capping of Overdraft Fees at Banks and Credit Unions ...

Explore January 2025's liquidity surplus, potential $1.1T tax cuts, paused Fed hikes, and rising risk asset opportunities for ...

A group of CEOs from leading U.S. banks are meeting with the Senate Banking Committee to discuss potential solutions to regulatory issues related to debanking decisions.

While 10 of the largest U.S. banks have about $710 billion in exposure to private credit, which could pose a systemic threat, Fitch Ratings analysts said that financial firms can handle the rapid ...

On the income side, issues often emerge when the mortgage applicant is self-employed. The software is geared to W-2s — the wage-and-tax-statement from an employer — and might flag your file when you ...

JPMorgan Chase & Co.’s Jamie Dimon supports a restructuring of US financial regulators, saying Thursday on Capitol Hill that it was necessary to “look at the whole thing.” ...

The banking sector's credit portfolio grew by 2% year-over-year in 2024, driven mainly by a 15% increase in loans to shadow ...

The Consumer Financial Protection Bureau, which Congress established to monitor credit card companies, mortgage providers, ...

President Trump and other critics of the agency say it needs to be shut down. Supporters of the agency point to its record of protecting consumers.