May 16, 2022 | Banks & Credit Unions, Congressional Legislation, News
Bipartisan Group of 24 Senators Urge Congressional Leadership to Move SAFE Act Last week, a bipartisan group of two dozen Senators sent a letter to Congressional leadership asking for the SAFE Act—a cannabis banking reform bill—to be included in the final America...
May 4, 2022 | Congressional Legislation, News
Senate Banking Subcommittee Holds Hearing on Overdraft Fees Today, the Senate Banking Committee’s Subcommittee on Financial Institutions and Consumer Protection met for a hearing entitled “Examining Overdraft Fees and Their Effects on Working Families.” The hearing...
May 2, 2022 | Congressional Legislation, Federal Regulation, News
Chopra Appears Before House Financial Services, Senate Banking Committees On Tuesday and Wednesday last week, CFPB Director Rohit Chopra appeared before both the House Financial Services and Senate Banking Committees to provide the Consumer Financial Protection...
Apr 15, 2022 | Congressional Legislation, Federal Regulation, News
Brown Asks Fed and OCC to Review Bank Mergers Senator Sherrod Brown (D-Ohio), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, recently sent a letter to Federal Reserve Chair Jay Powell and Acting Comptroller of the Currency Michael Hsu,...
Apr 8, 2022 | Congressional Legislation, News
House Financial Services Committee Holds Hearing on Overdraft Fees Last week, the House Financial Services (HFSC) Subcommittee on Consumer Protection and Financial Institutions held a hybrid hearing entitled, “The End of Overdraft Fees? Examining the Movement to...
Apr 4, 2022 | Congressional Legislation, Financial Literacy, News
Credit Reporting Firms Announce Removal of Most Medical Debt from Credit Reports The largest credit reporting firms, Experian, Equifax, and TransUnion, recently announced they would erase billions of dollars of medical debt from consumers’ credit reports, which...
