← Previous Article Next Article → Yesterday, consumer advocacy group Allied Progress filed a Freedom of Information Act (FOIA) lawsuit against both the Office of Management and Budget (OMB) and Consumer Financial Protection Bureau (CFPB), seeking information...
← Previous Article Next Article → Yesterday, the U.S. House of Representatives Financial Services Committee approved seven pieces of legislation, including the Financial Technology Protection Act (H.R. 5036). This legislation, introduced by Rep. Ted Budd...
← Previous Article Next Article → As small business lending becomes more competitive in the fintech space with PayPal and Amazon offering lines of credit to sellers using their platforms, Square announced in a press release this morning that it will be...
← Previous Article Next Article → Yesterday, we covered CFPB Nominee Kathy Kraninger’s remarks and initial reactions from her confirmation hearing. Today we’re digging into the questions that were asked, the response she got from members of the Senate...
← Previous Article Next Article → Earlier today, Kathy Kraninger, President Trump’s nominee to head the Consumer Financial Protection Bureau (CFPB), appeared before the Senate Banking Committee, where she had her first opportunity to publicly present her...
← Previous Article Next Article → A top Congressional Republican said it’s time for Republicans to end their efforts to completely dismantle the Dodd-Frank Wall Street Reform and Consumer Protection Act, passed by Congress and signed into law in 2010. U.S....
← Previous Article Next Article → On Friday, U.S. Senator Robert Menendez (D-N.J.) sent a letter to CFPB Acting Director Mick Mulvaney requesting that he immediately reinstate the agency’s Consumer Advisory Board (CAB) and provide a plan detailing how the...
← Previous Article Next Article → For the first time, the American Bankers Association is getting involved with the campaign world to support incumbent legislators who have been friendly to their industry, according to a recent story in Politico. Buoyed by...
← Previous Article Next Article → In a report out this week by the New York Department of Financial Services (DFS), Superintendent Maria Vullo argues that online lenders in the state should be licensed and supervised by her department. “DFS Supports the...
← Previous Article Next Article → In a press release this morning, CFPB Acting Director Mick Mulvaney announced that he has selected Brian Johnson, who currently serves as Principal Policy Director for the Bureau, to become his new Acting Deputy Director....