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U.S. Senate panel approves bill to bolster FHA finances

WASHINGTON (Reuters) - A U.S. Senate panel on Wednesday approved a bipartisan bill aimed at bolstering the finances of the Federal Housing Administration, which may need to turn to taxpayers for a bailout later this year. Full story

Gold breaks above $1,300

   Gold is up more than $40 in today's trading session, reports CNBC's Sharon Epperson. The Senate Banking Committee is focusing on whether banks should own warehouses, or refiners and power plants.

Senators unveil plan to bolster Federal Housing Administration finances

WASHINGTON (Reuters) - The leaders of the Senate Banking Committee on Monday released a draft bill aimed at bolstering the finances of the Federal Housing Administration, which has faced mounting losses from mortgage defaults. Full story

Regulators seek flexibility from private student loan lenders

WASHINGTON (Reuters) - Regulators on Tuesday called on private student loan lenders to offer more flexible repayment terms to borrowers at a time when many are struggling to pay off their debt. Full story

Senate bank panel sets confirmation hearing for SEC nominees

WASHINGTON (Reuters) - The Senate Banking Committee will hold a confirmation hearing on June 27 for President Barack Obama's two nominees to serve on the U.S. Securities and Exchange Commission, the committee announced on Thursday. Full story

Senate panel backs Hochberg for second term at Ex-Im Bank

WASHINGTON (Reuters) - The Senate Banking Committee voted 20-2 on Thursday to back Fred Hochberg for a second term as president of the U.S. Export-Import Bank, which provides financial assistance to support U.S. exports. Full story

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Oh really, banks are ‘too big to jail’? Elizabeth Warren isn’t having it

Bernanke says Fed stimulus benefits clear, downplays risks

Senator to watchdogs: bring more banks to trial

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  In Warren's Court

Most Republican senators do not like the Consumer Protection Bureau and they did not want Elizabeth Warren on the Senate Banking Committee. On Tuesday, Senator Warren vocally criticized Republican Obstruction.

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Chairman of the Federal Deposit Insurance Corporation Sheila Bair at the Senate Banking Committee on Capitol Hill in Washington
Chairman of the Federal Deposit Insurance Corporation Sheila Bair at the Senate Banking Committee on Capitol Hill in Washington

Sheila Bair told Bankrate she's worried about current financial policy: "In terms of culture, in terms of risk-taking, I'm not sure we've seen a fundamental change," she said.

Edward DeMarco testifies before the Senate Banking Committee hearing on oversight of the Federal Housing Finance Agency, on Capitol Hill in Washington
Edward DeMarco testifies before the Senate Banking Committee hearing on oversight of the Federal Housing Finance Agency, on Capitol Hill in Washington

Edward DeMarco, the regulator of Fannie Mae and Freddie Mac, testifies before the Senate Banking Committee hearing on oversight of the Federal Housing Finance Agency, on Capitol Hill in Washington, April 18, 2013. REUTERS/Jason Reed

Federal Reserve Board Chairman Bernanke testifies before Senate Banking Committee hearing in Washington
Federal Reserve Board Chairman Bernanke testifies before Senate Banking Committee hearing in Washington

Federal Reserve Board Chairman Ben Bernanke testifies before a Senate Banking, Housing and Urban Affairs Committee hearing on "The Semiannual Monetary Policy Report to the Congress." in Washington February 26, 2013. REUTERS/Jason Reed