NAFSA’s Week on the Hill

NAFSA’s Week on the Hill

Last week, I spent several days on Capitol Hill to meet with lawmakers and staff on key committees. While there, I discussed the growing financial services industry and why federal law and regulation is holding it back. I met with members of the House Financial...
CFPB Looks to Clean Up Credit Reporting

CFPB Looks to Clean Up Credit Reporting

The Consumer Financial Protection Bureau (CFPB) announced last week that it intends to improve all areas of the credit reporting process. Since its inception in 2010, the CFPB has received nearly 200,000 complaints related to credit reporting. The agency noted its...
House Moves to Shift Control of CFPB, NCUA to President Trump

House Moves to Shift Control of CFPB, NCUA to President Trump

House Resolution 1009 passed the U.S. House of Representatives on Friday, March 3rd, by a vote of 241-184 to require the Consumer Financial Protection Bureau (CFPB) and the National Credit Union Administration (NCUA) to submit all rules to the Office of Management of...
Ryan Zinke Confirmed as Secretary of the Interior

Ryan Zinke Confirmed as Secretary of the Interior

Earlier this morning the U.S. Senate confirmed Rep. Ryan Zinke (R- MT) as the 52nd U.S. Secretary of the Interior. Secretary Zinke will oversee a diverse collection of federal agencies including the National Park Service, Minerals Management Service, Bureau of...
NAFSA advocates for Tribal Financial Services on Capitol Hill

NAFSA advocates for Tribal Financial Services on Capitol Hill

Gary Davis meets with Senator Steve Daines (R-MT) on February 28, 2017. Executive Director Gary Davis meets with Congressional members to build awareness and present the facts on Tribal Financial Services This week, Native American Financial Services Association’s...
Rep. Hensarling Continues Offensive on “Rogue” CFPB

Rep. Hensarling Continues Offensive on “Rogue” CFPB

On February 24th, Rep. Jeb. Hensarling (R- TX) spoke with NPR about his ongoing battle with the Consumer Financial Protection Bureau (CFPB). He argued that bank consumers must be protected not only from Wall Street, but also Washington’s over regulation. Rep....
Despite Economic Recovery, Millennials Slow to Adopt Credit Cards

Despite Economic Recovery, Millennials Slow to Adopt Credit Cards

According to a study conducted last year and recently released by Princeton Survey Research Associates International, only 33% of young American adults between the ages of 18 and 29 possess a credit card. Reasons for not owning a credit card included previous personal...

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