CFPB Pauses Enforcement Changes After Staff Objections
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...
Biden Names Key Members of Economic Team
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...
OCC Proposes Rule to Ensure Fair Access to Bank Services
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...
Former Fed Chair Janet Yellen Chosen to Become Treasury Secretary Under Biden Administration
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...
