OCC FinTech Charters Still Not Ready for Deployment

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...
New Poll Shows Voters Split on Limiting CFPB Power

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...
Census Bureau Says Average Income Up, Poverty Levels Down

Census Bureau Says Average Income Up, Poverty Levels Down

The U.S. Census Bureau recently released data related to income, poverty, and health insurance coverage in the United States. The Bureau found that median household incomes are up 3.2% since 2015 to $59,039 and poverty had fallen to a rate of 12.7%. Further, health...
Judge Orders Transfer of Upper Lake TLE Case to Kansas

Judge Orders Transfer of Upper Lake TLE Case to Kansas

A federal district judge in Illinois granted a motion to transfer venue to Kansas on September 8th in a case pitting the Consumer Financial Protection Bureau (CFPB) against four tribal lending entities (TLEs) owned and operated by the Habematolel Pomo of Upper Lake....

Pin It on Pinterest