The mortgage giants Fannie Mae and Freddie Mac could require as much as $78 billion in bailout money in the event of a serious financial crisis, according to stress test results released on Tuesday by the Federal Housing Finance Agency, National Mortgage News reported. The government-sponsored enterprises would need to draw between...

A bipartisan bill co-sponsored by U.S. Sens. Elizabeth Warren (D-Mass.) and John Cornyn (R-Texas) earlier this year to require companies to file for bankruptcy in their main place of business has garnered no support among fellow lawmakers, Warren is continuing to push for the legislation, WSJ Bankruptcy Pro reported. Troubled by the...

Washington’s newest senior bank regulator is turning her agency’s agenda in the direction of policies being proposed by other Trump-appointed officials, adding momentum to a push to revisit rules adopted after the 2008 financial crisis, the Wall Street Journal reported. Federal Deposit Insurance Corp. Chairman Jelena...