Divided Federal Appeals Court Gives Go Ahead for Mass CFPB Firings
Divided Federal Appeals Court Gives Go Ahead for Mass CFPB Firings Last week, a divided federal appeals court paved the way for President Trump to resume the mass firings at the Consumer Financial Protection Bureau (CFPB), ruling that the lower court that temporarily...
CFPB Opens Comment Period to Roll Back Nonbank Supervision Regulations
CFPB Opens Comment Period to Roll Back Nonbank Supervision Regulations The Consumer Financial Protection Bureau (CFPB) has considered cutting back on the number of nonbank companies it supervises in the debt collection, auto finance, international money transfer, and...
SEC Chair Lays Out Pro-Crypto Plans
SEC Chair Lays Out Pro-Crypto Plans Paul Atkins, Chair of the Securities and Exchange Commission (SEC), recently revealed plans to overhaul capital market regulations to support both cryptocurrencies and blockchain-based trading. He laid out several pro-crypto plans,...
CFPB to Rewrite Open Banking Rule
CFPB to Rewrite Open Banking Rule In a recent court filing, the Consumer Financial Protection Bureau (CFPB) revealed that it plans to rework a U.S. open banking rule aimed at establishing industry-wide standards for data sharing between banks, fintechs, and consumers....
