Feb 18, 2019 | Federal Regulation, Litigation, News
← Previous Article Next Article → In a letter to the Consumer Financial Protection Bureau (CFPB), 22 Democratic state attorneys general (AGs) said the CFPB should revise its policy concerning no-action letters and should rethink its regulatory sandbox, which...
Feb 15, 2019 | Congressional Legislation, News, Tribal Sovereignty
← Previous Article Next Article → Late last night, the President pledged to sign H.J. Res. 31, a bill that would keep the government funded through the fiscal year. Although tribes will be spared another government shutdown for now, a future one is always...
Feb 14, 2019 | Congressional Legislation, FinTech, News
← Previous Article Next Article → Earlier this year, Maxine Waters, Chair of the House Financial Services Committee, listed financial technology (fintech) as a policy priority for the committee, and much of that work will start with the creation of a new...
Feb 12, 2019 | Federal Regulation, News
← Previous Article Next Article → Earlier today, the Comptroller of the Currency Joseph Otting voiced his support for the Consumer Financial Protection Bureau’s (CFPB) proposal to rescind the ability-to-repay requirements under its Final Rule regarding...
Feb 12, 2019 | Federal Regulation, Litigation, News
← Previous Article Next Article → Democratic leadership in the House Financial Services Committee has sent a letter to the Consumer Financial Protection Bureau (CFPB) asking for documents related to recent settlements. The letter points out that several...
Feb 8, 2019 | Litigation, News
← Previous Article Next Article → The First Circuit Court of Appeals is hearing a case that will shed further light on whether a bank’s overdraft fee should be considered interest. Previous rulings have found that overdraft fees are not an extension of...