By Douglas Gillison (Reuters) - A case due to come before the U.S. Supreme Court next week has the potential to expose every federal bank regulator to political inference while also jeopardizing Social Security and Medicare, the federal health insurance program, U.S. Senator Elizabeth Warren said on Thursday. The court next week is due to hear arguments in a challenge to the constitutionality of the U.S. Consumer Financial Protection Bureau's (CFPB) funding. The Biden administration has said...

By Douglas Gillison and Pete Schroeder (Reuters) - The White House on Thursday moved to reassure the nation's community banks that they would not have to foot a $23 billion bill for replenishing the fund that insures deposits following the second- and third-largest bank failures in U.S. history. In unveiling new measures to strengthen mid-size banks, White House officials told reporters that banks serving local communities "were not to blame" and should not have to pay for the 18% chunk...