Jan 15, 2020 | Federal Regulation, News
California Governor Gavin Newsom Announces Plans to Create State Consumer Financial Protection Agency Last week, while releasing his budget proposal for the state, California Governor Gavin Newsom revealed plans to establish a powerful state agency modeled after the...
Jan 10, 2020 | Federal Regulation, Litigation, News
Progressive Groups Demand Kavanaugh’s Recusal When SCOTUS Hears CFPB Constitutionality Case With the constitutionality of the Consumer Financial Protection Bureau (CFPB) soon to be argued before the United States Supreme Court, a group of progressive...
Dec 19, 2019 | Federal Regulation, News
Last week, the U.S. Senate Committee on Banking, Housing, and Urban Affairs met for a hearing entitled “Oversight of the Securities and Exchange Commission” (SEC). The SEC’s mission is to maintain efficient markets, facilitate capital formation, and protect investors....
Dec 17, 2019 | Federal Regulation, News
Last week, the Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC) convened a free public workshop at the Constitution Center in Washington, D.C. examining “issues affecting the accuracy of traditional credit reports as well as...
Dec 10, 2019 | Banks & Credit Unions, Federal Regulation, News
Last week, five federal agencies—including the Board of Governors of the Federal Reserve System, the Consumer Financial Protection Bureau, the Federal Deposit Insurance Corporation, the National Credit Union Administration, and the Office of the Comptroller of the...
Dec 9, 2019 | Federal Regulation, News
As cybersecurity breach concerns have risen, the Federal Reserve has indicated in recent weeks that the nation’s central bank may soon boost supervision of technology firms in the banking industry. They are considering examining governance and compliance systems at...
