Reputation Survey Finds Decline in Consumers’ Bank Opinions
← Previous Article Next Article → For the first time in five years, bank reputations are on the decline, according to the eighth Annual Survey of Bank Reputations conducted by American Banker and the Reputation Institute. The yearly study measures U.S....
House Passes Bill to Include Utility, Telecom, Landlord Data in Consumer Credit Scores
← Previous Article Next Article → Earlier this week, the U.S. House of Representatives passed legislation introduced by Reps. Keith Ellison (D-Minn.) and Robert Pittenger (R-N.C.) that would help consumers build credit histories by allowing utility and...
Senate Confirms Jean Carol Hovland as HHS Commissioner of the Administration of Native Americans
← Previous Article Next Article → Last week, the Senate confirmed by voice vote the nomination of Jean Carol Hovland, an enrolled member of the Flandreau Santee Sioux Tribe, to serve as Commissioner of the Administration of Native Americans at the Department...
Federal Judge in NY Rules CFPB is Unconstitutional and Should be Eliminated
← Previous Article Next Article → Last Thursday, senior U.S. District Judge Loretta A. Preska ruled that the structure of the Consumer Financial Protection Bureau is unconstitutional and, as a result, the agency should be abolished. “Because the CFPB’s...
35 Banks Pass Federal Reserve Supervisory Bank Stress Tests
← Previous Article Next Article → According to the results of the latest round of supervisory stress tests undertaken by the Federal Reserve, 35 of the nation’s largest bank holding companies were found to have sufficient capital to lend to households and...
Kraninger Nomination Gets Endorsements, even as Sen. Warren Places a Hold
← Previous Article Next Article → In a column yesterday, the Wall Street Journal Editorial Board made the case that President Trump’s CFPB nominee Kathy Kraninger, announced over the weekend, has the qualifications necessary to lead the Bureau and should be...
With CFPB Turning Away from Enforcement, State Bank Supervisors May Fill the Void, Argues CSBS Chair
← Previous Article Next Article → This week, in a column published on American Banker, Charlotte Corley argues that state financial services regulators may be gearing up to fill the void left by the CFPB’s shift away from enforcement under the Trump...
White House Announces Kathy Kraninger as Nominee to Head CFPB
← Previous Article Next Article → On Saturday evening, President Trump announced the selection of Kathy Kraninger as his choice to permanently head the Consumer Financial Protection Bureau. White House spokeswoman Lindsay Walters said on Saturday that Ms.... 