Feb 28, 2019 | Congressional Legislation, Federal Regulation, News
← Previous Article Next Article → At a House Financial Services Committee hearing on Tuesday, February 26, Congresswoman Maxine Waters (D-CA-43), chairwoman of the Committee, openly questioned whether the credit reporting sector “is so beyond repair that we...
Feb 26, 2019 | Congressional Legislation, Federal Regulation, News
← Previous Article Next Article → There are nine ways that the Office of the Comptroller of the Currency (OCC) can reduce the risk of regulatory capture, according to the Government Accountability Office (GAO). The OCC, led by the Comptroller of the Currency...
Feb 26, 2019 | Federal Regulation, News
← Previous Article Next Article → Congresswoman Maxine Waters (D-CA-43), chair of the House Financial Services Committee, recently penned an open letter to the staff of the Consumer Financial Protection Bureau (CFPB), urging them to publicly report any...
Feb 19, 2019 | Federal Regulation, News
← Previous Article Next Article → According to a recent survey by the Federal Reserve, banks are expecting a decline in loan demand in conjunction with a deterioration of loan performance over the course of 2019. The survey was conducted over the past three...
Feb 18, 2019 | Federal Regulation, Litigation, News
← Previous Article Next Article → In a letter to the Consumer Financial Protection Bureau (CFPB), 22 Democratic state attorneys general (AGs) said the CFPB should revise its policy concerning no-action letters and should rethink its regulatory sandbox, which...
Feb 12, 2019 | Federal Regulation, News
← Previous Article Next Article → Earlier today, the Comptroller of the Currency Joseph Otting voiced his support for the Consumer Financial Protection Bureau’s (CFPB) proposal to rescind the ability-to-repay requirements under its Final Rule regarding...
