This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Regulatory burdens imposed by the Consumer Financial Protection Bureau have cost consumers between $237 billion and $369 billion since 2011, according to a White House report published Tuesday. Calculations by the Council of Economic Advisers allege that CFPB rulemaking has led to an increase of $1,100 to $1,700 per originated mortgage, an increase of $91 to $143 p ...

German retail leaders have written to Federal Chancellor Friedrich Merz calling for stronger government action to protect the competitiveness of German and European retailers. In a letter ahead of an informal meeting of the European Council, the German Retail Federation (HDE) said unfair competition from traders and online platforms based outside the EU threatens local companies. The appeal highlights concerns over regulatory burdens and market distortions that HDE says put EU firms at a disadvantage. ...

European Central Bank Vice President Luis de Guindos gave one of the starkest signals yet that top officials who are working to lighten the regulatory burden on banks won’t water down their financial strength https://t.co/b0oIYhn6sa ...

Top officials from Europe’s most influential central banks are discussing how to reduce the regulatory burden on the bloc’s commercial lenders https://t.co/0O6SxBBifT ...