10 Years Later, Congress Looks to Loosen Regs on Financial Institutions
← Previous Article Next Article → In 2008, a massive housing bubble and subprime mortgage crisis contributed to the loss of nearly 9 million American jobs and pushed the unemployment rate into double digits for the first time in more than 40 years. The...
Understanding the New Look CFPB
← Previous Article Next Article → The Consumer Financial Protection Bureau (CFPB) has undergone a dramatic shift in policy over the past four months since the resignation of its first and only director, Richard Cordray. The effects of these massive policy...
Sen. Warren Rankles Fellow Dems with Criticism of Dodd-Frank Reform Bill
← Previous Article Next Article → Senator Elizabeth Warren (D- MA), the chief architect of the Consumer Financial Protection Bureau (CFPB), drew the ire of some this week when she called out members of her own party on twitter and in the press for supporting...
Congressional Republicans Back Mulvaney in CFPB Leadership Court Battle
← Previous Article Next Article → A group of 113 Congressional Republicans submitted an amicus brief this week to the D.C. Circuit Court in support of President Trump’s authority to use the Federal Vacancies Reform Act (FVRA) to appoint an interim director...
Amazon Contemplates Entrance into Banking with Possible Checking Account Partnership
← Previous Article Next Article → It was recently revealed that online retail giant Amazon was in talks with JP Morgan Chase, the largest bank in America, to develop bank account products for Amazon customers. The move comes as Amazon works to create a...
Dissecting Short Term Employee Loan Programs
← Previous Article Next Article → Stress caused by money problems has been shown to stifle work productivity in employees, with one recent study finding money woes can create decreases in work productivity equal to almost 15 missed days per year. As more and...
Mulvaney Wants States to Lead Consumer Enforcement in Speech to State AGs
← Previous Article Next Article → Interim Consumer Financial Protection Bureau (CFPB) Director Mick Mulvaney stopped at the National Association of Attorneys General meeting this week to speak with top state litigators about future priorities and policy...
New Research Spotlights Debt Collection Complaints and How Companies Respond
← Previous Article Next Article → A recent report by WebRecon analyzed January 2018 complaints to the Consumer Financial Protection Bureau (CFPB) and the Better Business Bureau (BBB). January saw nearly 5,000 consumer complaints to the CFPB, an increase of...
