FTC, Fed Experience Renewed Roles in Consumer Financial Enforcement as CFPB Adjusts Priorities
← Previous Article Next Article → With Mick Mulvaney temporarily at the helm, the Consumer Financial Protection Bureau (CFPB) is undergoing a massive overhaul to its policy priorities. Over the past few weeks, the Bureau has reopened consideration on the...
NAFSA ED Gary Davis Recommends Important Reforms to CFPB in New Forbes Article
← Previous Article Next Article → NAFSA Executive Director Gary Davis, recently added to the prestigious Forbes Finance Council, provided his insight on badly-needed reforms at the Consumer Financial Protection Bureau (CFPB) this week with Forbes online...
As Federal Policy Shifts, States Assert Regulatory Authority Over Financial Services
← Previous Article Next Article → Over the past few months, Mick Mulvaney, interim director of the Consumer Financial Protection Bureau (CFPB), has quickly shifted the consumer agency’s policies from aggressive regulation by enforcement to a more measured...
Court Rules That Credit Union Lacks Standing to Challenge Mulvaney Appointment at CFPB
← Previous Article Next Article → Late last week a federal judge ruled that the Lower East Side People’s Federal Credit Union failed to show it had standing to sue President Trump over his appointment of Mick Mulvaney to temporarily head the Consumer...
HFS Explores FinTech at Subcommittee Hearing
← 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)...
Wells Fargo Seeks to Atone, Hires Former New York Fed Exec to Manage Regulatory Matters
← 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...
Bankers Urge CFPB to Preserve Accommodation Loans
← 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...
Full DC Circuit Rules CFPB Structure Constitutional
← 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...
