Jeb Hensarling

The House Financial Services Committee approved several bills Thursday designed to boost the private flood insurance market.

Housing finance reform discussions are heating up and there's a growing sense that legislation can be enacted sooner rather than later. Here's why.

For Democrats, the scandal is a prominent symbol of big-bank misbehavior, while Republicans want to use it to show the shortcomings of the CFPB.

CFPB Director Richard Cordray took issue with a House Republican report that said he lied about his agency's role in investigating the Wells Fargo phony-accounts scandal.

Ahead of the House vote Thursday on the Financial Choice Act, the two parties were assailing each other as proxies for Wall Street and painting themselves as defenders of community banking and the consumer.

A GOP House Financial Services Committee report alleges that Consumer Financial Protection Bureau Director Richard Cordray lied about the bureau's investigation into the Wells Fargo scandal.

A bill to overhaul the Dodd-Frank Act could get a vote in the full House as early as June 7.

The Congressional Budget Office said only community banks would choose to hold higher capital in return for fewer rules while lowering its estimate of cost savings of eliminating new FDIC resolution powers.

The House Financial Services Committee approved the Financial Choice Act by 34 to 26. While it has enough support to clear the GOP-controlled House, it is unlikely to gain traction in the Senate.

The House Financial Services Committee began debate Tuesday on a sweeping regulatory reform bill, yet while it is expected to pass on party lines, few expect it to stand a chance in the Senate.