Jan 24, 2020 | Banks & Credit Unions, Federal Regulation, News
N.Y. Department of Financial Services Hires Leandra English as Special Policy Advisor Leandra English, who formerly served as deputy director of the Consumer Financial Protection Bureau (CFPB), has been named special policy advisor to New York Department of Financial...
Jan 23, 2020 | Federal Regulation, News
Final CFPB Payday Rule Expected in April The Consumer Financial Protection Bureau (CFPB) said that it plans to issue its long-awaited final rule in April that would roll back underwriting requirements for payday lenders by eliminating a provision from 2017 mandating...
Jan 22, 2020 | FinTech, News
New Venture Capital Fund to Target Fintechs Working with Banks Earlier today, Gene Ludwig, who served as Comptroller of the Currency under President Clinton from 2993 to 1998, and Chip Mahan, CEO of Live Oak Bancshares, announced a $545 million investment fund which...
Jan 21, 2020 | Banks & Credit Unions, News
CFPB Convenes Summit Focused on Increased Savings Earlier this month, the Consumer Financial Protection Bureau (CFPB) hosted a summit intended to discuss how to implement successful savings programs for consumers. Participants at the event included credit unions,...
Jan 17, 2020 | Banks & Credit Unions, Federal Regulation, News
CUNA Pushes For Commission-Led CFPB in Brief with Supreme Court As the U.S. Supreme Court prepares to hear a landmark case (Seila Law v. CFPB) determining whether the structure of the Consumer Financial Protection Bureau (CFPB) is permissible under the Constitution,...
