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Comptroller of the Currency

Congress Sticks Its Nose Into Major Mortgage Settlement

Reuters | Posted 03.08.2013 | Business

WASHINGTON, Jan 5 (Reuters) - A U.S. congressional oversight panel asked regulators to delay a multibillion dollar mortgage settlement with 14 large...

HSBC's $2 Billion Fine 'Trivial'

Reuters | Carrick Mollenkamp and Brett Wolf | Posted 12.17.2012 | Business

(Reuters) - HSBC has agreed to pay a record $1.92 billion fine to settle a multi-year probe by U.S. prosecutors, who accused Europe's biggest bank of ...

Banking Groups Complain Of 'Unfair' Pay Clawbacks

Posted 09.05.2011 | Business

HuffPost Update: The FDIC approved a rule Wednesday that allows regulators to claw back up to two years of Wall Street executives' pay if they are fou...

Rift Widens Between Federal, State Officials On Foreclosure Reform

The Huffington Post | Maxwell Strachan | Posted 06.12.2011 | Business

The rift continues to widen between state and federal officials over foreclosure reform. Since the 50 state attorneys general first issued their pr...

Bernanke: Regulators Can Handle 'Too Big To Fail' Banks

The Huffington Post | Yepoka Yeebo | Posted 05.25.2011 | Business

Fed chairman Ben Bernanke said on Thursday that regulators could now handle the collapse of a "too big to fail" bank. The next day, presenting a new r...

Shahien Nasiripour

Top Bank Regulator Changes Tune, Now Calls For Independent Consumer Agency

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

This story has been updated After months of criticizing the Obama administration's proposal to create a consumer-focused agency dedicated to protecti...

Shahien Nasiripour

Federal Reserve Loses Expanded Powers Proposed By Obama Administration

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

The pushback against an omnipotent Federal Reserve keeps growing. A top Congressional leader said Thursday that the Fed will not have the power to ov...

Shahien Nasiripour

'New Dems' Extract Big Win For Big Banks

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

The compromise reached late Wednesday between pro-reform House Democrats and the banker-friendly wing of the party could significantly weaken consumer...

Credit Cards or Credit Crash? The Assault on Consumers Continues

Georges Ugeux | Posted 05.25.2011 | Business
Georges Ugeux

Banks' behavior demonstrates that their refusal to act responsibly is endless and that they certainly have not learned their lesson. We need a consumer finance agency to protect credit card holders.

Why Sen. Dodd's Opposition to the Federal Reserve is Ill-Conceived

Georges Ugeux | Posted 05.25.2011 | Politics
Georges Ugeux

Had Senate Banking Committee's Chairman Chris Dodd's proposal been effective before the crisis, where would we be today?

Shahien Nasiripour

Trading Profits Up 11 Percent For Banks; JPMorgan Chase Leads The Way

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

Despite controversy surrounding the financial instruments known as derivatives -- and legislation that might finally start to regulate them -- the nat...

Change FICO Credit Scoring to Stimulate Economy and Address Housing and Banking Crisis

Ronald B. Robinson | Posted 05.25.2011 | Business
Ronald B. Robinson

Republicans are proposing a 4% home mortgage Ponzi scheme that's the modern day version of "40 acres and a mule." It's every bit the false promise that dashed the hopes of ex-slaves after the Civil War.

President Obama: Sign New Emancipation Proclamation to Free Us From Debt Slavery and Free-up the Economy

Ronald B. Robinson | Posted 05.25.2011 | Politics
Ronald B. Robinson

Mr. President, help us create "a more perfect Union" from the "bottom-up." You can be the Lincoln of our times and free us from the greed and "top-down" bondage that has brought us here.