NCUA May Open Budget Process to Industry Under New Bill
← Previous Article Next Article → A recently proposed bill would require the National Credit Union Administration (NCUA) to hold public hearings with industry representatives as part of the agency’s budget approval process. NCUA is an independent federal...
Native American Financial Services Association To Hold Inaugural Regulatory Workshop in Washington, D.C.
← Previous Article Next Article → WASHINGTON, D.C. The Native American Financial Services Association (NAFSA) today announced the date for its inaugural Tribal Lending Regulatory Workshop, to be held February 15th, 2018 at its Washington, D.C. headquarters....
Blue State AGs Vow to Up Enforcement As CFPB Leadership Fight Distracts Agency
← Previous Article Next Article → While Consumer Financial Protection Bureau (CFPB) Deputy Director Leandra English and interim Director Mick Mulvaney argue in federal court over who gets to lead the agency until a permanent replacement for Richard Cordray...
GAO Study Explores Minorities in Financial Services Industry
← Previous Article Next Article → A recent survey of government employment data by the Government Accountability Office (GAO), an independent, non-partisan agency that serves as a “Congressional watchdog,” explores the presence of minorities in management...
FSOC Warns of Cybersecurity Threats, Pushes Deregulation in Annual Report
← Previous Article Next Article → The Financial Stability Oversight Council (FSOC) issued its annual report on the activities of the group and significant market developments and threats for 2017 shortly before Washington closed down for the holiday season....
Penn. Judge Rejects Tribal Lending Manager’s Immunity Defense
← Previous Article Next Article → A federal judge in Pennsylvania ruled against a tribal lending enterprise (TLE) employee’s motion to dismiss for alleged racketeering and state lending law violations. The employee, Craig Mansfield, was co-manager of...
Navajo Nation Sues Wells Fargo for Fraudulent Practices
← Previous Article Next Article → Navajo Nation Attorney General Ethel Branch filed a lawsuit in federal court on Tuesday against Wells Fargo alleging the embattled bank defrauded hundreds of Navajo elders, youth, and other vulnerable populations by opening...
Judge Dismisses NY’s Suit Over OCC FinTech Charters
← Previous Article Next Article → A federal judge dismissed a lawsuit on December 12th by the State of New York as speculative regarding the Office of the Comptroller of the Currency’s (OCC) proposed FinTech charter system. The case dismissal comes just a...
