May 25, 2022 | Federal Regulation, News
Fifth Circuit May Invalidate CFPB Funding Structure Since the Dodd Frank Wall Street Reform and Consumer Protection Act, the legislation that established the Consumer Financial Protection Bureau (CFPB), was passed by Congress and signed into law 12 years ago, CFPB’s...
May 20, 2022 | Federal Regulation, News
Senate Banking Committee Holds Confirmation Hearing for Fed Nominee Michael Barr On Thursday, the Senate Banking Committee held a confirmation hearing for three of President Biden’s nominees for various positions. In addition to Michael Barr, chosen to be the Federal...
May 11, 2022 | Federal Regulation, News
Senate Confirms Cook, Jefferson to Federal Reserve Board of Governors Nearly four months after President Biden nominated Dr. Lisa Cook and Dr. Philip Jefferson to serve on the Board of Governors of the Federal Reserve System, the Senate has voted to confirm his...
May 2, 2022 | Congressional Legislation, Federal Regulation, News
Chopra Appears Before House Financial Services, Senate Banking Committees On Tuesday and Wednesday last week, CFPB Director Rohit Chopra appeared before both the House Financial Services and Senate Banking Committees to provide the Consumer Financial Protection...
Apr 25, 2022 | Federal Regulation, News
CFPB Releases Report on Financial Challenges Facing Rural Communities Earlier this month, the Consumer Financial Protection Bureau (CFPB) released a report on financial challenges faced by Americans living in rural communities, finding that many of these communities...
Apr 22, 2022 | Federal Regulation, FinTech, News
Yellen Backs Crypto Regulations In a speech at American University earlier this month, Treasury Secretary Janet Yellen outlined the Treasury Department’s plan to regulate digital assets like cryptocurrency, which largely reflects the Biden administration’s priorities....
