The House sent a major revision of banking regulations to President Trump's desk on Tuesday after conservatives who wanted a more sweeping rollback decided to accept a bipartisan deal crafted by the Senate. Supporters said the bill would give businesses more access to loans for homes and cars that they cannot get now because of government regulations. Critics said the measure would thwart efforts to fight discriminatory lending, and increase the risk of future bank failures and bailouts. The...

The Senate voted Wednesday to unravel some of the bank restrictions imposed after the 2008 financial crisis, with several politically vulnerable Democrats joining with the Republican majority to reject liberal colleagues' warnings about future bailouts. Supporters said the bill, which must pass the House before it could become law, would ease burdens on credit unions and community and mid-sized banks that were not responsible for the economic collapse. Regulations and capital reserve...

Herb Jackson/NorthJersey.com A bipartisan group of six senators proposed Tuesday overhauling the National Flood Insurance Program to cap premium increases, use advanced radar to make more accurate flood maps, and offer some homeowners vouchers to pay for coverage and loans to elevate buildings. The bill is one of several proposals pending this year for a program that insures 5 million homes and businesses but cannot repay nearly $25 billion borrowed from the U.S. Treasury to respond to...