Appeals Court Delays Implementation of Payday Lending Rule
Appeals Court Delays Implementation of Payday Lending Rule Earlier this month, the U.S. Court of Appeals for the Fifth Circuit approved a delay in the implementation of the Consumer Financial Protection Bureau (CFPB)’s payday lending rule. The court determined that...
Consumer Advocates Urge CFPB to Rein in Pay Advance Companies
Consumer Advocates Urge CFPB to Rein in Pay Advance Companies Dozens of consumer advocacy groups and academics—96 in total—are pushing the Consumer Financial Protection Bureau (CFPB) to regulate pay advance companies, arguing that earned wage access (EWA) products...
Federal Reserve Governor Lael Brainard Calls for Better Access to Credit for Native Americans
Federal Reserve Governor Lael Brainard Calls for Better Access to Credit for Native Americans Earlier this month, Federal Reserve Governor Lael Brainard announced at a “Fed Listens” event that U.S. financial regulators will continue their efforts to improve Native...
