Policymaking

If HSBC reaches an agreement with the government, it could give an early indication of how the Trump administration will levy financial penalties.

The Federal Housing Finance Agency made just incremental changes to two of the seven affordable housing benchmarks.

The NCUA is letting federal credit unions securitize and sell assets. Such transactions would free up capital at credit unions, allowing them to make more loans.

The National Association of Home Builders is objecting to a measure that would impose a surcharge on National Flood Insurance Program policies for newly constructed homes.

While HUD has released money this year, the Trump administration has called for defunding the program as part of its proposed budget.

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.

The House Financial Services Committee passed two flood insurance bills but postponed more work until next week.

The Senate Banking Committee voted Wednesday to approve the nomination of Pam Patenaude to be the deputy secretary of HUD.

The House Financial Services Committee is slated to vote on several bills Wednesday that are designed to make private flood insurance a viable alternative to the National Flood Insurance Program.

The Consumer Financial Protection Bureau said banks and other first-party creditors are responsible for the accuracy of information on consumer debts.