NAFSA NEWS & UPDATES

A Look At Early Favorites to Become the Next CFPB Director

A Look At Early Favorites to Become the Next CFPB Director

With the news earlier this week that the Director of the Consumer Financial Protection Bureau (CFPB), Richard Cordray, would leave his post by the end of the month, members of the financial services industry and Washington insiders are already speculating on who might...

read more
Cordray Announces Resignation as CFPB Director

Cordray Announces Resignation as CFPB Director

After months of speculation, the Director of the Consumer Financial Protection Bureau (CFPB), Richard Cordray, announced Wednesday, November 15 that he would be stepping down from his post by the end of the month. His announcement comes just days after an internal...

read more
Household Wealth At or Below Zero for 1 in 5 Americans

Household Wealth At or Below Zero for 1 in 5 Americans

New findings by the Institute for Policy Studies detail the growing wealth gap in the United States and the struggles many Americans face building wealth in the modern economy. The report noted that the three wealthiest people in America, Bill Gates, Jeff Bezos, and...

read more
Continuity Expected as CFPB Names New Enforcement Head

Continuity Expected as CFPB Names New Enforcement Head

Beginning November 17th, long-time Deputy Enforcement Director for Strategy and Policy Kristen Donoghue will assume a promotion to the Assistant Director of Enforcement for the Consumer Financial Protection Bureau (CFPB). Donoghue has worked in the agency’s...

read more
CFPB Director Absolved of Possible Hatch Act Violations

CFPB Director Absolved of Possible Hatch Act Violations

In a recent letter, the United States Office of Special Counsel (OSC) found that Consumer Financial Protection Bureau (CFPB) Director Richard Cordray did not violate the Hatch Act, a federal law that prohibits federal employees from engaging in certain political...

read more
Trump Selects Jerome Powell to Lead Federal Reserve

Trump Selects Jerome Powell to Lead Federal Reserve

President Trump announced on Thursday that former investment banker and current Federal Reserve Board Governor Jerome Powell would succeed Janet Yellen early next year to become the next Chair of the Federal Reserve. Powell will still need to be confirmed by the...

read more
Trump Set to Sign Arbitration Rule Repeal

Trump Set to Sign Arbitration Rule Repeal

Following its razor-thin passage in the Senate last week, President Trump is expected to sign the repeal of the Consumer Financial Protection Bureau’s (CFPB) arbitration rule today after both houses of Congress voted to block the implementation of the rule via the...

read more
Page 1 of 1612345...10...Last »

Pin It on Pinterest