Apr 3, 2023 | Federal Regulation, News
OCC Establishes Office of Financial Technology, Appoints Chief Financial Technology Officer The Office of the Comptroller of the Currency (OCC) recently announced the establishment of the Office of Financial Technology, as well as the selection of Prashant Bhardwaj as...
Mar 29, 2023 | Federal Regulation, News
CFPB Launches Inquiry Into Data Brokers’ Business Practices Earlier this month, the Consumer Financial Protection Bureau (CFPB) launched an inquiry into companies that collect and track consumers’ personal data, giving the public an opportunity to share feedback about...
Mar 24, 2023 | Federal Regulation, Litigation, News
As SCOTUS Plans to Make Determination, Second Circuit Rules CFPB’s Funding is Constitutional Last week, a three-judge panel of the U.S. Court of Appeals for the Second Circuit ruled that the funding of the Consumer Financial Protection Bureau (CFPB) through the...
Mar 20, 2023 | Federal Regulation, News
CFPB Publishes Supervisory Highlights Report on Junk Fees Earlier this month, the Consumer Financial Protection Bureau (CFPB) released “Junk Fees Special Edition,” a Special Edition of its Supervisory Highlights report that discusses how the CFPB examines...
Mar 17, 2023 | Federal Regulation, News
President’s Budget Includes Billions for Tribal Governments Earlier this month, the Biden Administration released its FY2024 budget, which it said in a press release will “invest in America, lower costs and cut taxes for working families, and strengthen Medicare and...
Mar 13, 2023 | Congressional Legislation, Federal Regulation, News
Republican House Members Press Chopra on Credit Card Late Fees Proposal Last week, 17 Republican members of the House Financial Services Committee sent a letter to Rohit Chopra, Director of the Consumer Financial Protection Bureau (CFPB), concerning the CFPB’s credit...
