← Previous Article Next Article → Embattled and fraud-stricken bank Wells Fargo is once again under threat from federal regulators for abuses- this time stemming from adding unwanted insurance policies to auto loans and collecting significant commissions for...
← Previous Article Next Article → Just one day after acting Consumer Financial Protection Bureau (CFPB) Director Mick Mulvaney fielded questions from the House Financial Services Committee, he appeared before the Senate Banking Committee to discuss his...
← Previous Article Next Article → On April 11th, the House Financial Services Committee (HFS) brought the Consumer Financial Protection Bureau’s (CFPB) acting director, Mick Mulvaney, to testify about the agency’s recently published semi-annual report. The...
← Previous Article Next Article → Comptroller of the Currency Joseph Otting spoke earlier this week on recent developments in his office’s proposal to offer special purpose bank charters to FinTech companies. The Office of the Comptroller of the Currency...
← Previous Article Next Article → The Community Financial Services Association of America (CFSA), a trade group representing payday lenders, teamed up with the Consumer Service Alliance of Texas this week to file a complaint against the Consumer Financial...
← Previous Article Next Article → Under its former director, Richard Cordray, the Consumer Financial Protection Bureau (CFPB) pursued an agenda that often ignored centuries of federal recognition of tribal sovereign rights in favor of policy positions that...
← Previous Article Next Article → The Consumer Financial Protection Bureau (CFPB) released its annual report on consumer complaints this week. The report notes that the agency fields more than 24,000 calls each month and handled over 320,000 total complaints...
← Previous Article Next Article → Building on the department’s report last summer recommending a number of changes to financial regulations, Secretary of the Treasury Steve Mnuchin sent a memorandum this week to senior officials at the Office of the...
← Previous Article Next Article → Keeping in line with recent efforts to revamp the Consumer Financial Protection Bureau (CFPB), Acting CFPB Director Mick Mulvaney turned a new corner for the consumer agency with his first semi-annual report to Congress. In...
← Previous Article Next Article → As Acting Consumer Financial Protection Bureau (CFPB) Director Mick Mulvaney continues to reimagine the agency he temporarily oversees, another rift has opened in Senate Democrats regarding the agency’s interest in...
