Update on the Constitutionality of the CFPB: PHH v. CFPB

Update on the Constitutionality of the CFPB: PHH v. CFPB

The constitutionality of the structure of the Consumer Financial Protection Bureau’s (CFPB) authority continues to be debated in Congress and federal courts. Back in October 2016, the federal circuit court in Washington, D.C. found that the single director management...
NAFSA’s Week on the Hill

NAFSA’s Week on the Hill

Last week, I spent several days on Capitol Hill to meet with lawmakers and staff on key committees. While there, I discussed the growing financial services industry and why federal law and regulation is holding it back. I met with members of the House Financial...
CFPB Looks to Clean Up Credit Reporting

CFPB Looks to Clean Up Credit Reporting

The Consumer Financial Protection Bureau (CFPB) announced last week that it intends to improve all areas of the credit reporting process. Since its inception in 2010, the CFPB has received nearly 200,000 complaints related to credit reporting. The agency noted its...
House Moves to Shift Control of CFPB, NCUA to President Trump

House Moves to Shift Control of CFPB, NCUA to President Trump

House Resolution 1009 passed the U.S. House of Representatives on Friday, March 3rd, by a vote of 241-184 to require the Consumer Financial Protection Bureau (CFPB) and the National Credit Union Administration (NCUA) to submit all rules to the Office of Management of...

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