← Previous Article Next Article → Building on the department’s report last summer recommending a number of changes to financial regulations, Secretary of the Treasury Steve Mnuchin sent a memorandum this week to senior officials at the Office of the...
← Previous Article Next Article → Keeping in line with recent efforts to revamp the Consumer Financial Protection Bureau (CFPB), Acting CFPB Director Mick Mulvaney turned a new corner for the consumer agency with his first semi-annual report to Congress. In...
← Previous Article Next Article → As Acting Consumer Financial Protection Bureau (CFPB) Director Mick Mulvaney continues to reimagine the agency he temporarily oversees, another rift has opened in Senate Democrats regarding the agency’s interest in...
← Previous Article Next Article → According to statistics from Moebs Services, Americans were charged $34.3 billion in overdraft fees by financial institutions in 2017, a full $1 billion more than 2016. Fees managed to rise again despite one-third of banks...
← Previous Article Next Article → Senator Lindsey Graham (R- SC) introduced a joint resolution in the Senate to utilize the Congressional Review Act (CRA) to repeal the Consumer Financial Protection Bureau’s (CFPB) rule on “Payday, Vehicle Title, and Certain...
← Previous Article Next Article → The Government Accountability Office (GAO), the “Congressional Watchdog” investigating the use of taxpayer money for the Legislative Branch, released a report on FinTech regulation late last week, reviewing the regulatory...