Treasury Recommends Bank Regulators Finalize Bank-Fintech Relationship Guidance
Treasury Recommends Bank Regulators Finalize Bank-Fintech Relationship Guidance The U.S. Treasury Department said in a report issued last week that more oversight of the fintech sector and bank-fintech relationships is necessary to protect consumers and maintain...
CFPB Asks SCOTUS to Uphold Constitutionality of Funding
CFPB Asks SCOTUS to Uphold Constitutionality of Funding Last week, the Consumer Financial Protection Bureau (CFPB) filed a petition asking the U.S. Supreme Court to undo a ruling by the Fifth Circuit Court of Appeals that determined the Bureau’s funding structure was...
Banks Tightening Underwriting Standards, Making it More Difficult for Consumers and Businesses to Access Credit
Banks Tightening Underwriting Standards, Making it More Difficult for Consumers and Businesses to Access Credit The Federal Reserve recently released a survey of banks’ senior loan officers which found that lenders made it more difficult for consumers and businesses...
