Mar 26, 2020 | Banks & Credit Unions, Federal Regulation, News
Five Federal Agencies Encourage Financial Institutions to Offer Responsible Small Dollar Loans to Consumers and Small Businesses Affected by COVID-19 In a joint statement issued earlier today, the Federal Reserve Board of Governors, Federal Deposit Insurance...
Mar 23, 2020 | Federal Regulation, Financial Literacy, News
CFPB Urges Consumers to Protect Themselves from Coronavirus Financial Impact As part of its efforts to assist consumers with the rapidly-changing effects of the coronavirus (COVID-19) on the United States, the Consumer Financial Protection Bureau (CFPB) recently...
Mar 9, 2020 | Federal Regulation, News, Tribal Sovereignty
CFPB Denies Habematolel Pomo of Upper Lake Petition to Dismiss Civil Investigative Demands Last month, the Consumer Financial Protection Bureau (CFPB) denied a petition filed by companies owned by the Habematolel Pomo of Upper Lake Indian Tribe seeking to set aside...
Feb 25, 2020 | Federal Regulation, News
CFPB to Host Consumer Access to Financial Records Symposium This Week This week, the Consumer Financial Protection Bureau (CFPB) will host a symposium on Consumer Access to Financial Records. The symposium will also cover Section 1033 of the Dodd-Frank Act, which...
Feb 12, 2020 | Federal Regulation, News
CFPB Clarifies “Abusiveness” Standard in New Policy Statement The Consumer Financial Protection Bureau (CFPB) recently issued a statement clearing up how the Bureau plans to tackle the Dodd-Frank Act’s “abusiveness” standard as it undertakes its supervision and...
Feb 10, 2020 | Federal Regulation, News
CFPB Director Kraninger Appears Before House Financial Services Committee Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger recently appeared before the House Financial Services Committee (HFSC), testifying at a hearing entitled “Protecting...