Jan 4, 2021 | Congressional Legislation, Federal Regulation, News
Sens. Brown, Warren, and Smith Press FDIC on Removal of “Underbanked” Language From Report U.S. Senators Sherrod Brown (D-Ohio), Elizabeth Warren (D-Mass.), and Tina Smith (D-Minn.) recently sent a letter to the Federal Deposit Insurance Corp. (FDIC) Chair Jelena...
Dec 31, 2020 | Federal Regulation, News
CFPB Adds Deputy Chief of Staff and Assistant Director for Office of Innovation Earlier this month, the Consumer Financial Protection Bureau (CFPB) announced the addition of two new staff members: a Deputy Chief of Staff as well as an Assistant Director for the Office...
Dec 29, 2020 | Congressional Legislation, News
Brown Calls on Banks and Financial Regulators to Take Action on Climate Risks United States Senator Sherrod Brown (D-Ohio) recently delivered a statement at an event titled “The Financial System & Climate Change: A Regulatory Imperative” at the Center for American...
Dec 28, 2020 | Federal Regulation, News
Biden Adds Two to Economic Team Last week, President-elect Joe Biden announced two new members of his White House economic team: David Kamin, who will serve as deputy director of the National Economic Council (NEC), and Bharat Ramamurti, who will be deputy NEC...
Dec 24, 2020 | Banks & Credit Unions, FinTech, News
FDIC Approves ILC Rule, Clearing Way for Corporations to Become Lenders Earlier this month, the Federal Deposit Insurance Corp. (FDIC) approved a final rule allowing major non-bank businesses to seek banking charters and begin lending to consumers as so-called...
