Senate Banking Takes Turn Questioning Mulvaney on New Look CFPB
← Previous Article Next Article → Just one day after acting Consumer Financial Protection Bureau (CFPB) Director Mick Mulvaney fielded questions from the House Financial Services Committee, he appeared before the Senate Banking Committee to discuss his...
Mulvaney Explains Major Policy Changes at CFPB to Divided HFS Committee
← Previous Article Next Article → On April 11th, the House Financial Services Committee (HFS) brought the Consumer Financial Protection Bureau’s (CFPB) acting director, Mick Mulvaney, to testify about the agency’s recently published semi-annual report. The...
OCC Inching Toward FinTech Charters
← Previous Article Next Article → Comptroller of the Currency Joseph Otting spoke earlier this week on recent developments in his office’s proposal to offer special purpose bank charters to FinTech companies. The Office of the Comptroller of the Currency...
Payday Trade Association Files Suit Challenging Small Dollar Rule
← Previous Article Next Article → The Community Financial Services Association of America (CFSA), a trade group representing payday lenders, teamed up with the Consumer Service Alliance of Texas this week to file a complaint against the Consumer Financial...
CFPB Enforcement Actions Still Sending Mixed Signals on Tribal Sovereignty
← Previous Article Next Article → Under its former director, Richard Cordray, the Consumer Financial Protection Bureau (CFPB) pursued an agenda that often ignored centuries of federal recognition of tribal sovereign rights in favor of policy positions that...
Bureau Report Summarizes Consumer Complaints for 2017
← Previous Article Next Article → The Consumer Financial Protection Bureau (CFPB) released its annual report on consumer complaints this week. The report notes that the agency fields more than 24,000 calls each month and handled over 320,000 total complaints...
Treasury Memo Tackles Redlining, Modernizing Community Reinvestment
← Previous Article Next Article → Building on the department’s report last summer recommending a number of changes to financial regulations, Secretary of the Treasury Steve Mnuchin sent a memorandum this week to senior officials at the Office of the...
Mulvaney Lays Out Agency Overhaul in CFPB Semi-Annual Report
← Previous Article Next Article → Keeping in line with recent efforts to revamp the Consumer Financial Protection Bureau (CFPB), Acting CFPB Director Mick Mulvaney turned a new corner for the consumer agency with his first semi-annual report to Congress. In...
