Dec 16, 2020 | Federal Regulation, Financial Literacy, News
CFPB Quarterly Trends Report Explores Prevalence of Payment Information in Consumer Credit Reporting Last month, the Consumer Financial Protection Bureau (CFPB) released its most recent consumer credit trends report, examining the rates of actual payment information...
Dec 9, 2020 | Congressional Legislation, Federal Regulation, News
Waters Pushes Biden to Reverse Trump’s Financial Services Deregulation Last week, House Financial Services Committee (HFSC) Chairwoman Maxine Waters (D-Calif.) sent a letter to President-elect Joe Biden urging his administration to reverse deregulatory actions in the...
Dec 4, 2020 | Federal Regulation, News
CFPB Pauses Enforcement Changes After Staff Objections After initially announcing plans to reorganize the agency to prioritize supervision over enforcement, the Consumer Financial Protection Bureau (CFPB) recently announced that it is halting the restructuring plans...
Dec 2, 2020 | Federal Regulation, News
Biden Names Key Members of Economic Team As he prepares to take office next month, President-elect Joe Biden recently announced the first wave of his economic team’s key members, which his transition says will create an economy that gives Americans a fair chance to...
Nov 27, 2020 | Federal Regulation, News
OCC Proposes Rule to Ensure Fair Access to Bank Services Earlier this month, the Office of the Comptroller of the Currency (OCC) proposed a rule to ensure national banks, federal branches, and agencies of foreign bank organizations provide fair banking services to...
Nov 25, 2020 | Federal Regulation, News
Former Fed Chair Janet Yellen Chosen to Become Treasury Secretary Under Biden Administration Economist Janet Yellen has been selected by President-elect Joe Biden to become Treasury secretary when the new administration takes office in January. She will be the first...
