OCC FinTech Charters Still Not Ready for Deployment
Speaking to a conference this week in New York, Acting Comptroller of the Currency Keith Noreika reiterated that his agency’s proposal to issue special purpose bank charters to fintech companies is still in an “exploratory phase.” His comments come at a time when...
House-Passed Appropriations Bill Includes Significant Dodd-Frank Reforms
The House passed a series of appropriation bills along party lines late Thursday deviating somewhat from President Trump’s original budget proposal, but also comprising some major changes over the last fiscal year. The financial services bill incorporated many of the...
New Poll Shows Voters Split on Limiting CFPB Power
A new survey by Morning Consult and Politico found that Americans are split on limiting the power of the Consumer Financial Protection Bureau (CFPB). 22% of respondents felt limiting the CFPB was the right thing to do, while 23% believed restricting the federal...
