Mar 2, 2020 | Financial Literacy, News
CFPB Launches Site Encouraging Consumers to Build Savings with Tax Refunds In a new webpage launched last week, the Consumer Financial Protection Bureau (CFPB) is highlighting resources aimed at helping consumers build savings with their tax refunds. Featuring video...
Feb 28, 2020 | Litigation, News
DOJ Backs CFPB in SCOTUS Brief Next week, the U.S. Supreme Court will hear arguments in the long-awaited Seila Law case about the constitutionality of the Consumer Financial Protection Bureau (CFPB)’s leadership structure. While the Trump administration has argued...
Feb 26, 2020 | Congressional Legislation, News
HFSC Chair Maxine Waters Launches Investigation Into Wells Fargo In response to the ongoing issues concerning scandal-plagued Wells Fargo, the House Financial Services Committee (HFSC) recently announced the opening of an investigation into the company’s compliance...
Feb 25, 2020 | Federal Regulation, News
CFPB to Host Consumer Access to Financial Records Symposium This Week This week, the Consumer Financial Protection Bureau (CFPB) will host a symposium on Consumer Access to Financial Records. The symposium will also cover Section 1033 of the Dodd-Frank Act, which...
Feb 24, 2020 | Congressional Legislation, News
Senator Warren Urges Fed Chair to Not Weaken Bank Supervision Process Earlier this month, Senator Elizabeth Warren—who serves on the Senate Committee on Banking, Housing, and Urban Affairs—sent a letter to Federal Reserve Chairman Jerome Powell expressing her concerns...