← 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...
← Previous Article Next Article → Maria Vullo, Superintendent of the New York Department of Financial Services (NYDFS), issued a press release on January 25th vowing to “safeguard the financial services industry” and “continue to lead and take action to fill...
← Previous Article Next Article → According to a survey by Bank of America, nearly half of Millennials (age 23-37) have at least $15,000 in savings, and 16% have more than $100,000 stashed in a bank. These figures have almost doubled since Bank of America...
← Previous Article Next Article → A California federal judge ordered online loan servicer CashCall to pay a $10 million fine to the Consumer Financial Protection Bureau (CFPB) for violating the unfair, deceptive, or abusive acts or practices (UDAAP)...
← Previous Article Next Article → The Consumer Financial Protection Bureau (CFPB) voluntarily withdrew its case against four tribal lending entities (TLEs) owned and operated by the Habematolel Pomo Tribe of Upper Lake according to papers filed in the U.S....
← Previous Article Next Article → The Consumer Financial Protection Bureau (CFPB) announced this week that the agency would begin seeking public input “to ensure the Bureau is fulfilling its proper and appropriate functions to be protect consumers.” The CFPB...
