CFPB Study Finds Credit Card Debt Near Pre-Recession Heights
← Previous Article Next Article → As part of the Credit Card Accountability Responsibility and Disclosure Act (CARD Act), the Consumer Financial Protection Bureau (CFPB) issued its biennial report on American credit card usage and trends. The CARD Act was...
NY Leg Authorizes Study On Online Lending
← Previous Article Next Article → The New York State Senate passed a bill just before Christmas that will commission a task force to study and report back on the online lending industry. The bill has already been approved by both houses of the New York...
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...
