← Previous Article Next Article → American Banker is reporting that the White House would like acting CFPB director Mick Mulvaney, who also heads the Office of Management and Budget, to remain in his post atop the consumer protection agency at least until...
← Previous Article Next Article → New York State Senator Elaine Phillips has proposed new legislation in the New York Senate that would authorize the Department of Financial Services to create a limited state charter for “Internet Lending Services...
← Previous Article Next Article → Last week, U.S. Representatives Markwayne Mullin (R-OK) and Ben Ray Luján (D-NM) introduced the Tribal Connect Act (H.R. 5661), a bipartisan bill to promote broadband access in tribal communities. The bill was introduced...
← Previous Article Next Article → Last week, in a white paper sent to the Department of Treasury, the American Bankers Association outlined several recommendations to promote responsible innovation in the fintech space. Both startups and traditional banks...
← Previous Article Next Article → This week, PHH Corp decided against appealing the January decision that found the Consumer Financial Protection Bureau’s single-director structure was permissible under the U.S. Constitution. The case, launched in 2015 and...
← Previous Article Next Article → A federal judge this week dismissed a lawsuit by the Conference of State Bank Supervisors (CSBS) testing the Office of the Comptroller of the Currency’s (OCC) proposal to grant special purpose bank charter to financial...
← Previous Article Next Article → Online retail is becoming big business. Last year, it accounted for 13% of total retail sales and contributed 49% of the industry’s growth. Despite massive growth and ubiquity, the collection of sales tax from online...
← Previous Article Next Article → The Federal Reserve Bank of St. Louis has published new research on the reasons why America’s central bank should not issue its own cryptocurrency. While the St. Louis Fed discourages the adoption of a government-backed...
← Previous Article Next Article → As many states are nearing the economic definition of full employment, many tribal communities still struggle with job creation and business development. However, the recent announcement of a few new federal programs could...
← Previous Article Next Article → The U.S. Department of the Treasury recently released an update on its long term efforts to roll back financial regulations. The report comes one year after President Trump issued a series of memos directing the Treasury...
