HFSC Vice-Chairman Rep. French Hill: Republicans’ Focus for Remainder of Biden Admin is Pushing Back on Regulators
HFSC Vice-Chairman Rep. French Hill: Republicans’ Focus for Remainder of Biden Admin is Pushing Back on Regulators Speaking before a group of community bankers, Rep. French Hill (R-Ark.) said that for the rest of the Biden Administration, House Republicans’ focus will...
CFPB Report Finds Overdraft and NSF Revenue Down More Than 50 Percent in 2023 vs. Pre-Pandemic Levels
CFPB Report Finds Overdraft and NSF Revenue Down More Than 50 Percent in 2023 vs. Pre-Pandemic Levels According to a new report issued by the Consumer Financial Protection Bureau (CFPB), overdraft and nonsufficient funds (NSF) revenues dropped by $6.1 billion since...
Banking Committee Ranking Member Sen. Tim Scott Introduces Resolution to Overturn CFPB Late Fee Rule
Banking Committee Ranking Member Sen. Tim Scott Introduces Resolution to Overturn CFPB Late Fee Rule Earlier this week, Senate Banking Committee Ranking Member Tim Scott (R-S.C.) introduced a resolution aimed at overturning the CFPB’s recently finalized rule limiting... CFPB Releases Annual Report Analyzing Consumers Complaints; Credit and Credit Reporting Continues to Top List
CFPB Releases Annual Report Analyzing Consumers Complaints; Credit and Credit Reporting Continues to Top List Last year, consumers submitted roughly 1,657,600 complaints to the Consumer Financial Protection Bureau (CFPB), and once again complaints about credit or...
