Jul 13, 2020 | Federal Regulation, News
CFPB Launches Consumer Financial Protection Week This week, the Consumer Financial Protection Bureau (CFPB) is launching its first Consumer Financial Protection Week, which will take place today through Friday. The virtual event will concentrate on issues consumers...
Jul 10, 2020 | Federal Regulation, News
OCC Report Highlights Risks for Federal Banking System Recently, in its Semiannual Risk Perspective for Spring 2020, the Office of the Comptroller of the Currency (OCC) reported the main issues surrounding the effects of the COVID-19 pandemic on the federal banking...
Jul 8, 2020 | Federal Regulation, News
CFPB Issues Final Rule on Small Dollar Lending Earlier this week, the Consumer Financial Protection Bureau (CFPB) issued its long-awaited small dollar lending rule to preserve consumer access to competition and credit. Upon finding the mandatory underwriting...
Jul 6, 2020 | Congressional Legislation, News
Senate Indian Affairs Committee Hears Testimony on Seven Native American Bills Senator John Hoeven (R-N.D.), Chairman of the Senate Committee on Indian Affairs, held a hearing last week to receive testimony on seven bills meant to protect Native American communities....
Jul 3, 2020 | Congressional Legislation, News
Senate Banking Committee Holds Hearing on Digital Banking Earlier this week, the U.S. Senate Committee on Banking, Housing, and Urban Affairs conducted a remote hearing to examine “The Digitization of Money and Payments.” This comes as the COVID-19 pandemic has given...