Senate Democrats Ask CFPB to Enact Stricter Guardrails for BNPL Providers
Senate Democrats Ask CFPB to Enact Stricter Guardrails for BNPL Providers Several Senate Democrats wrote a letter to the Consumer Financial Protection Bureau (CFPB) urging the agency to establish stricter guidelines for buy now, pay later (BNPL) lenders and arguing... Congressional Resolution Introduced to Undo CFPB’s Buy Now, Pay Later Guidance
Congressional Resolution Introduced to Undo CFPB’s Buy Now, Pay Later Guidance Earlier this month, members of the U.S. House of Representatives introduced H.J. Res. 195, a joint resolution providing for congressional disapproval under the Congressional Review...
House Financial Services Committee Holds Field Hearing on Partnerships Between Financial Institutions and Fintech
House Financial Services Committee Holds Field Hearing on Partnerships Between Financial Institutions and Fintech Earlier this month, the House Financial Services Subcommittee on Financial Institutions and Monetary Policy held a field hearing in Kentucky for banking...
CFPB Director Chopra Testifies Before Senate Banking, House Financial Services Committees
CFPB Director Chopra Testifies Before Senate Banking, House Financial Services Committees This week, Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra testified before both the Senate Committee on Banking, Housing, and Urban Affairs and the House... 