Jul 16, 2025 | Federal Regulation, News
Senate Confirms Jonathan Gould as Comptroller of the Currency Last week, the U.S. Senate confirmed Jonathan Gould to serve as Comptroller of the Currency by a vote of 50-45. Gould served as chief counsel and senior deputy comptroller of the Office of the Comptroller...
Jul 10, 2025 | Financial Literacy, News
Credit Cards, Credit Reporting Disputes Lead FDIC Consumer Complaints According to the FDIC’s Consumer Compliance Supervisory Highlights, the agency processed a surge in consumer complaints last year led by credit cards as the most frequently cited product and credit...
Jul 8, 2025 | Congressional Legislation, Federal Regulation, News
Congress Passes and President Signs Bill Slashing CFPB Budget Last week, Congress passed and President Trump signed the “Big, Beautiful Bill,” the tax and budget package that the legislative branch has been debating for months. One provision of the bill cuts funding...
Jul 2, 2025 | Congressional Legislation, News
Alaska Governor Vetoes Rate Cap Bill Alaska Governor Mike Dunleavy has vetoed a bill that would have capped interest rates for consumer loans up to $25,000 at 36 percent, which opponents of the legislation say would have drastically limited credit access in the state....
Jun 26, 2025 | FinTech, News
FICO Announces Plans to Include BNPL Data in Credit Scores FICO recently announced two credit scores that will include consumers’ record of buy now, pay later (BNPL) loans, both of which will launch in the fall. FICO Score 10 BNPL and FICO Score 10 T BNPL are meant to...