Feb 18, 2020 | Congressional Legislation, News, Tribal Sovereignty
Senator Udall Highlights Importance of Government-to-Government Relationships with Tribes Earlier this month, Senate Committee on Indian Affairs Vice-Chairman Tom Udall (D-N.M.) addressed the National Congress of American Indians (NCAI) about his work to advance...
Feb 17, 2020 | Banks & Credit Unions, Congressional Legislation, News
Congresswomen Waters and Beatty Release HFSC Report On Diversity At America’s Large Banks House Financial Services Committee Chairwoman Maxine Waters (D-Calif.) and Congresswoman Joyce Beatty (D-Ohio), who chairs the Committee’s Subcommittee on Diversity and...
Feb 13, 2020 | Banks & Credit Unions, News
ABA and CUNA Issue Statements Advising Legislators That Interest Rate Caps Could Harm Consumers and Reduce Offerings Recently, the American Bankers Association (ABA) and the Credit Union National Association (CUNA) issued statements warning lawmakers of the potential...
Feb 12, 2020 | Federal Regulation, News
CFPB Clarifies “Abusiveness” Standard in New Policy Statement The Consumer Financial Protection Bureau (CFPB) recently issued a statement clearing up how the Bureau plans to tackle the Dodd-Frank Act’s “abusiveness” standard as it undertakes its supervision and...
Feb 11, 2020 | FinTech, News
Kabbage to Begin Offering Short-Term Loans for Small Businesses Kabbage, the online lending company that provides lines of credit to small businesses, recently announced that it will start offering short-term loans with a repayment period of only three days....