Dec 28, 2022 | Financial Literacy
Important things to know about Building Emergency Savings It’s never fun to think about things like your car breaking down or losing your job. And as much as we can take measures to avoid things, emergencies unfortunately can occur. For financial wellness purposes,...
Dec 26, 2022 | Congressional Legislation, News
Toomey Proposes Legislation to Change CFPB’s Leadership Structure to Bipartisan Board Just a few weeks before he is set to leave office, Senator Pat Toomey (R-Pa.), ranking member of the Senate Banking Committee, alongside Senator Bill Hagerty (R-Tenn.), introduced...
Dec 23, 2022 | Federal Regulation, News
Senate Confirms Gruenberg, FDIC Nominees On Monday, the U.S. Senate confirmed Martin Gruenberg to be chairman of the Federal Deposit Insurance Corporation (FDIC), Travis Hill as vice chair, and Jonathan McKernan to the remaining seat. Gruenberg, who has served as...
Dec 21, 2022 | Financial Literacy
Important things to know about Sustainable Investing As investing becomes increasingly common, we are also seeing a shift in where money is being invested. For many, choosing to put their money toward causes that align with their personal beliefs and values is...
Dec 21, 2022 | Congressional Legislation, Federal Regulation, News
Republicans Blast CFPB Director in Preview of Next Congress During a contentious hearing last week in which Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra testified before the House Financial Services Committee at a hearing entitled “Consumers...
Dec 19, 2022 | Congressional Legislation, News
Brown, Democratic Senators Introduce Legislation on Industrial Loan Companies Earlier this month, Senator Sherrod Brown (D-Ohio), Chair of the Senate Committee on Banking, Housing, and Urban Affairs was joined by two of his Senate colleagues in introducing the Close...
Dec 16, 2022 | Federal Regulation, News
CFPB Proposes Online Registry of Nonbank Repeat Offenders The Consumer Financial Protection Bureau (CFPB) on Monday proposed requiring certain nonbank financial firms to register with the agency when they become subject to certain local, state, or federal agency court...
Dec 14, 2022 | FinTech, News
Nearly Half of Fintech Lenders Now See Regulatory Challenges as Top Concern A recent survey of 100 fintech industry leaders found that 32 percent of respondents viewed regulatory challenges as the main threat to their businesses in the first quarter of 2022. For data...
Dec 14, 2022 | Financial Literacy
Important things to know about the FIRE Lifestyle Financial Independence: Retire Early – it sounds like a pretty great concept. A FIRE lifestyle is a movement of people devoted to a program of maximizing savings and investment that aims to allow them to retire far...
Dec 12, 2022 | Congressional Legislation, News
McHenry Officially Selected to Chair House Financial Services Committee Next Congress While widely expected to take the gavel of the House Financial Services committee if Republicans won control of Congress in the midterms, Representative Patrick McHenry (R-N.C.) last...
