← Previous Article Next Article → In a hearing last week convened by the House Financial Services’ Financial Institutions and Consumer Credit Subcommittee, members of Congress on the panel considered four statutory changes to the structure of the Consumer...
← Previous Article Next Article → Nearly a month after the Senate Committee on Indian Affairs held confirmation hearings for Tara Sweeney, President Trump’s nominee to lead the Bureau of Indian Affairs, the Committee has advanced her nomination, clearing it...
← Previous Article Next Article → In the primary for New Mexico’s first Congressional District on Tuesday night, Deb Haaland, an enrolled member of the Pueblo of Laguna, handily beat out five other challengers to secure the Democratic nomination. While 21...
← Previous Article Next Article → On Monday, the Securities and Exchange Commission (SEC) announced the appointment of Valerie Szczepanik as Associate Director of the Division of Corporation Finance and Senior Advisor for Digital Assets and Innovation. In...
← Previous Article Next Article → For nearly a year and half, the Office of the Comptroller of the Currency has been exploring the possibility of extending a special purpose national bank charter to fintech companies like online lenders. During a press call...
← Previous Article Next Article → Several years of positive growth have been good for investors in fintech lending companies like Social Finance (SoFi), LendingClub, Prosper, and Avant. But after a wave of defaults across these platforms, investors have...
← Previous Article Next Article → In a proposed rule issued last week by the National Credit Union Administration (NCUA) Board, federal credit union members could have more options for short-term, small-dollar borrowing. This comes on the heels of a bulletin...
← Previous Article Next Article → In a speech this week to Women in Housing and Finance, a non-partisan, nonprofit forum for business and policy experts to share their views and insights, Acting CFPB Director Mick Mulvaney announced that the consumer...
← Previous Article Next Article → Last week, the House passed a bill to weaken the Dodd-Frank banking regulations adopted in 2010, largely in response to the 2008 financial crisis. Two days later, President Trump signed the rollback into law. After the...
← Previous Article Next Article → Yesterday, in a bulletin titled “Core Lending Principles for Short-Term, Small-Dollar Installment Lending,” the Office of the Comptroller of the Currency (OCC) announced a new policy on short-term, small-dollar loans, which...
