Treasury Updates Deregulation Efforts
← Previous Article Next Article → The U.S. Department of the Treasury recently released an update on its long term efforts to roll back financial regulations. The report comes one year after President Trump issued a series of memos directing the Treasury...
Former Native American Bank Sales Director Joins NAFSA Staff as Director of Business Development
← Previous Article Next Article → Mika Leonard has joined the Native American Financial Services Association (NAFSA) as its Director of Business Development. She will be responsible for managing member relations and coordinating new opportunities for growth...
Sen. Gillibrand Announces Bill to Bring Small Dollar Loans to Post Offices
← Previous Article Next Article → Senator Kirsten Gillibrand (D- NY) revealed a new plan to offer small dollar credit products and other basic banking services at more than 30,000 post offices across America. She touts the idea of a “Postal Bank” to...
Government Takes Interest in Cybersecurity as FinTech Gains Steam
← Previous Article Next Article → As more and more business takes place online, governments and companies are finding themselves with an incredible amount of easily accessible personal information and data on consumers. With high profile data breaches...
NAFSA Recommends CFPB Defer To Tribes During Civil Investigative Demand Process
← Previous Article Next Article → NAFSA recently submitted a comment to a Consumer Financial Protection Bureau (CFPB) request for information (RFI) regarding the agency’s process for civil investigative demands (CIDs). The full comment is available...
House Wants to Change Rules on Agency Guidance as Senate Rolls Some Back
← Previous Article Next Article → Representatives Sean Duffy (R- WI) and Ed Perlmutter (D- CO) announced a bipartisan bill that would clarify how the Consumer Financial Protection Bureau (CFPB) issues guidance on consumer laws. House Resolution 5534, also...
DC Circuit Hears Oral Arguments in CFPB Leadership Battle
← Previous Article Next Article → The D.C. Circuit Court recently heard oral arguments on Leandra English’s appeal of a lower court decision that retained Mick Mulaney as the acting director of the Consumer Financial Protection Bureau (CFPB). CFPB Deputy...
Congress Could Test Limits of CRA by Repealing CFPB Guidance from 2013
← Previous Article Next Article → A new bill in the Senate under the authority of the Congressional Review Act (CRA) is targeting guidance issued by the Consumer Financial Protection Bureau (CFPB) on auto lending discrimination five years ago. Back in 2013,...
