Financial regulators in the European Union are grappling on several fronts with problems in their banking system. They’ve made some progress, but there’s a pattern: The proposals fall short. Plans for EU-wide deposit insurance have been watered down. The system for resolving failing banks is underfunded. And now controversy has arisen over new rules for dealing with bad loans — ...

Having burned through almost 14,000 square miles of western forest, killed dozens of people, and cost federal agencies almost $3 billion, this year’s extensive wildfires have had one positive effect: They’ve gotten Democrats and Republicans in Congress finally to act. Senators from Washington, Oregon and Idaho have introduced legislation that would let timber companies clear brush and harvest trees from ...

It is surely a scandal, and not just in the political sense, when the former chairman of a presidential campaign is indicted for work related to a corrupt foreign government. At the same time, it’s important to remember that Paul Manafort’s indictment is not evidence that President Donald Trump or his campaign colluded with Russia to influence the 2016 election. ...