← Previous Article Next Article → Seven states have banded together to develop a multi-state licensing system for money service businesses (MSB). As the Conference of State Bank Supervisors (CSBS) explains, “if one state reviews key elements of state...
← Previous Article Next Article → With Mick Mulvaney temporarily at the helm, the Consumer Financial Protection Bureau (CFPB) is undergoing a massive overhaul to its policy priorities. Over the past few weeks, the Bureau has reopened consideration on the...
← Previous Article Next Article → NAFSA Executive Director Gary Davis, recently added to the prestigious Forbes Finance Council, provided his insight on badly-needed reforms at the Consumer Financial Protection Bureau (CFPB) this week with Forbes online...
← Previous Article Next Article → Over the past few months, Mick Mulvaney, interim director of the Consumer Financial Protection Bureau (CFPB), has quickly shifted the consumer agency’s policies from aggressive regulation by enforcement to a more measured...
← Previous Article Next Article → Late last week a federal judge ruled that the Lower East Side People’s Federal Credit Union failed to show it had standing to sue President Trump over his appointment of Mick Mulvaney to temporarily head the Consumer...
← Previous Article Next Article → The House Financial Services (HFS) Subcommittee on Financial Institutions and Consumer Credit held a hearing on January 30th entitled “Examining the Opportunities and Challenges in the Financial Technology (FinTech)...
← Previous Article Next Article → Embattled banking institution Wells Fargo announced this week that it named Sarah Dahlgren as its new head of regulatory relations. Dahlgren previously spent 25 years with the Federal Reserve Bank of New York, where she...
← Previous Article Next Article → With the recent news that the Consumer Financial Protection Bureau (CFPB) would reconsider its rule on small dollar credit products, the American Bankers Association wrote to Interim CFPB Director Mick Mulvaney requesting...
← Previous Article Next Article → By a vote of 7-3, an en banc D.C. Circuit Court ruled that the structure of the Consumer Financial Protection Bureau (CFPB) is constitutional, overturning a panel decision last year that found the CFPB’s director must be...
← Previous Article Next Article → Earlier this week, the Senate confirmed Jerome Powell as the next chair of the Federal Reserve Board. Powell easily managed the confirmation process and his moderate stance on many monetary issues made him a palatable...
