Jun 21, 2017 | News
TransUnion, one of the three main credit reporting agencies (CRAs) for administering most consumer credit information, lost a class action lawsuit recently for violations of the Fair Credit Reporting Act with a final verdict against the credit bureau totalling $60...
Jun 20, 2017 | News
President Trump recently nominated James Clinger to serve on the board of the Federal Deposit Insurance Corporation (FDIC) beginning November 29th. The FDIC is an independent federal agency that insures bank deposits and supervises banking institutions. Clinger will...
Jun 19, 2017 | News
Choctaw Nation of Oklahoma citizen and Associate Professor of Business at New Mexico State University Gavin Clarkson was recently hired to serve as the Deputy Assistant Secretary for Policy and Economic Development at the U.S. Bureau of Indian Affairs (BIA). His...
Jun 15, 2017 | News
The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 created the Consumer Financial Protection Bureau (CFPB) and granted the agency broad supervisory, enforcement, and rulemaking authority over financial service providers. Along with almost 20...
Jun 13, 2017 | News
At the directive of the President, on June 12th the Department of the Treasury issued a report on revising regulations to create economic opportunities for the banking and finance industry. The report includes a number of proposals on changes that could be made to the...