Apr 9, 2021 | Federal Regulation, News
CFPB Rescinds Seven Policy Statements Issued Last Year Last week, the Consumer Financial Protection Bureau (CFPB) announced its rescinding of seven policy statements issued in 2020 that provided temporary flexibility to financial institutions in markets such as...
Apr 7, 2021 | FinTech, News
Five Bank Regulators Seek Input on How Financial Institutions Use AI Last week, five federal financial regulatory agencies—the Federal Reserve Board, the Consumer Financial Protection Bureau (CFPB), the Federal Deposit Insurance Corporation (FDIC), the National Credit...
Apr 5, 2021 | Congressional Legislation, News
Waters Releases April Hearing Schedule for House Financial Services Committee According to Congresswoman Maxine Waters (D-Calif.), Chairwoman of the House Committee on Financial Services (HFSC), the committee is currently slated to hold seven hearings over the month...
Apr 2, 2021 | Congressional Legislation, Federal Regulation, News
Congressional Democrats Introduce Resolution Undoing OCC’s True Lender Rule Last week, U.S. Senators Chris Van Hollen (D-Md.), Sherrod Brown (D-Ohio), and Representative Chuy Garcia (D-Ill.) introduced a resolution aimed at undoing the Office of the Comptroller of the...
Mar 31, 2021 | Federal Regulation, News
CFPB Issues 2020 Annual Complaint Report Last week, the Consumer Financial Protection Bureau (CFPB) issued its Consumer Response Annual Report for 2020 to provide insight on issues consumers reported to the Bureau throughout the year. The Bureau saw the pandemic’s...
