Supreme Court Issues Long-Awaited CFPB Ruling, Rejecting Challenge and Affirming Constitutionality of Funding Mechanism
Supreme Court Issues Long-Awaited CFPB Ruling, Rejecting Challenge and Affirming Constitutionality of Funding Mechanism Earlier today, the Supreme Court handed down its 7-2 decision in Consumer Financial Protection Bureau v. Community Financial Services of America, a...
FDIC Special Review Committee Releases Scathing Independent Report on Workplace Misconduct and Culture
FDIC Special Review Committee Releases Scathing Independent Report on Workplace Misconduct and Culture Last week, the FDIC released the report from the independent third-party review, led by the law firm Cleary Gottlieb Steen & Hamilton LLP, into allegations of...
Federal Reserve Survey of Lending Officers Finds U.S. Banks Reported Stricter Credit Standards in Q1 2024
Federal Reserve Survey of Lending Officers Finds U.S. Banks Reported Stricter Credit Standards in Q1 2024 According to the Federal Reserve’s “April 2024 Senior Loan Officer Opinion Survey on Bank Lending Practices,” released on Monday, many banks tightened their...
