Banking Blog

Check in regularly for the latest news on everything banking, including prepaid cards, regulations, checking account practices, mobile banking, ATMs, security, the Federal Reserve's policies and virtual currencies like bitcoin. Reporters and analysts also provide commentary and tips for managing your personal finances and how to make the most of your money and your banking relationships. See the latest Banking Blog posts below.
Tuesday, October 11, 2016 3:29 pm
By Holden Lewis ·

A Federal appeals court slapped down the Consumer Financial Protection Bureau and ruled that the bureau is no longer independent, and that its director can be fired by the president for any reason.

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Tags: CFPB, gnews, news
Thursday, October 6, 2016 3:28 pm
By Jim Wang ·

In 1969, the Treasury Department and the Fed discontinued $500, $1000, $5000, $10000 and $100,000 bills (that bill above is real) because no one used them anymore though a new bill hadn’t been printed since 1945. The bills are all legitimate legal tender and still in circulation (except the $100,000, which was only used in

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Tags: currency
Wednesday, October 5, 2016 12:42 pm
By Mike Cetera ·

The federal government has finalized new rules designed to make fees more transparent and to better protect consumers in case of loss or theft.

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Monday, October 3, 2016 9:30 am
By Susan Ladika ·

The top savings account rates for October are remaining steady, with at least 8 banks paying 1.05% or better.

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Sunday, October 2, 2016 5:45 pm
By Claes Bell ·

The failure of a massive global bank like Deutsche would have major consequences for the global economy, and ultimately the United States. But a complete failure is unlikely.

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Sunday, October 2, 2016 4:36 pm
By Jill Cornfield ·

California’s decision to sanction Wells Fargo could be part of a serious trust issue for the bank.

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Thursday, July 28, 2016 6:06 pm
By Claes Bell ·

Trying to decide whether to vote Democratic this year? Here’s what the party has united around when it comes to banking.

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Wednesday, July 27, 2016 5:46 pm
By Sarah Berger ·

A judge in a closely-watched case says the virtual currency doesn’t fit the definition of money.

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Sunday, July 24, 2016 6:00 pm
By Stephen Pounds ·

Take a look at where Virginia Sen. Tim Kaine, Hillary Clinton’s new running mate, stands on consumer issues.

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Monday, July 18, 2016 6:05 am
By Claes Bell ·

The GOP platform is bent on dismantling a key financial law, but there’s little agreement within the party on how to reform banking regulation.

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