Dec 1, 2021 | Congressional Legislation, Federal Regulation, News
Five Senators Oppose Omarova Nomination for OCC Last week, five Democratic Senators told the White House that they oppose the Biden Administration’s pick to lead the Office of the Comptroller of the Currency (OCC), Saule Omarova. With Republicans widely opposed to the...
Nov 29, 2021 | Congressional Legislation, News
Reps. Garcia and Grothman Re-Introduce 36 Percent Rate Cap Bill U.S. Reps. Jesus “Chuy” Garcia (D-Ill.) and Glenn Grothman (R-Wisc.) recently introduced their Veterans and Consumers Fair Credit Act in an effort to extend the 36 percent rate cap established on small...
Nov 17, 2021 | Banks & Credit Unions, Congressional Legislation, News
More Than 20 Governors Urge Congress to Add Cannabis Banking to Defense Bill More than 20 governors signed a joint letter to members of Congress earlier this month, advocating for them to add cannabis banking legislation to the 2022 National Defense Authorization Act...
Nov 10, 2021 | Congressional Legislation, News
Congress Passes Historic Infrastructure Package Which Includes Significant Funding for Native Communities Late last Friday, after months of delay, the House of Representatives passed the Infrastructure Investment and Jobs Act, a historic, more than $1 trillion...
Oct 6, 2021 | Congressional Legislation, News
Senator Cortez Masto Introduces Bill Incentivizing Whistleblowers to Report Consumer Fraud to CFPB U.S. Senator Catherine Cortez Masto (D-Nev.) recently introduced legislation to allow the Consumer Financial Protection Bureau (CFPB) to reward whistleblowers—whose...
Sep 15, 2021 | Congressional Legislation, News
Yellen Warns of Financial Stability Implications if Congress Fails to Raise Debt Ceiling Treasury Secretary Janet Yellen recently sounded alarm bells for U.S. financial regulators, warning that if the nation’s debt ceiling isn’t addressed, there could be “financial...
