Feb 12, 2020 | Federal Regulation, News
CFPB Clarifies “Abusiveness” Standard in New Policy Statement The Consumer Financial Protection Bureau (CFPB) recently issued a statement clearing up how the Bureau plans to tackle the Dodd-Frank Act’s “abusiveness” standard as it undertakes its supervision and...
Feb 10, 2020 | Federal Regulation, News
CFPB Director Kraninger Appears Before House Financial Services Committee Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger recently appeared before the House Financial Services Committee (HFSC), testifying at a hearing entitled “Protecting...
Feb 5, 2020 | Banks & Credit Unions, Federal Regulation, News
CFPB Report on Small Business Lending and the Great Recession Outlines Decline in Access to Credit and Uneven Recovery The Consumer Financial Protection Bureau (CFPB) recently released a data point showing how small business lending has developed before, during, and...
Jan 29, 2020 | Banks & Credit Unions, Federal Regulation, News
OCC Commissioner Says Guidance on Small-Dollar Loans for Banks Coming Soon Joseph Otting, Comptroller of the Currency, told reporters at a press roundtable last week that bank regulators like the OCC hope to make small dollar loans a simpler alternative to payday...
Jan 27, 2020 | Federal Regulation, Litigation, News
Lawyer Chosen to Defend CFPB Before Supreme Court Backs Agency Structure With the Department of Justice and Consumer Financial Protection Bureau (CFPB) itself opting against defending the agency’s leadership structure in the upcoming challenge to its...
Jan 24, 2020 | Banks & Credit Unions, Federal Regulation, News
N.Y. Department of Financial Services Hires Leandra English as Special Policy Advisor Leandra English, who formerly served as deputy director of the Consumer Financial Protection Bureau (CFPB), has been named special policy advisor to New York Department of Financial...
