Polls Signal Disconnect Between Lawmakers, Voters on CFPB

Polls Signal Disconnect Between Lawmakers, Voters on CFPB

Recent polls suggest that the Trump Administration’s distaste for the CFPB may not be shared by his constituents. A December study released by GloverParkGroup (GPG) regarding regulatory intervention showed only 19% of Trump voters believed Wall Street is...
UPDATE: Tug-o-War The Unpredictable Fate of the CFPB

UPDATE: Tug-o-War The Unpredictable Fate of the CFPB

UPDATE: On February 16th, the D.C. Circuit court announced that it would rehear the PHH case en banc. Its previous ruling is now vacated, including the Court’s holding that the structure of the CFPB is unconstitutional. The constitutionality question is expected to be...
Hensarling , the CHOICE Act and CFPB UDAAP Authority

Hensarling , the CHOICE Act and CFPB UDAAP Authority

On February 6th, the Chairman of the House Financial Services Committee, Rep. Jeb Hensarling (R- TX), shared a memorandum to his leadership team outlining his vision on restructuring the Dodd-Frank Act, including subjecting the Consumer Financial Protection Bureau...
FinTech 101

FinTech 101

You may have heard the word “FinTech,” but what exactly does it mean? FinTech stands for “financial technologies” and represents new financial methods of services such as smart phone money transfers, online small business loans, bitcoin and blockchain based public...
NAFSA Says “No” to the Google Ban

NAFSA Says “No” to the Google Ban

In July 2016 Google announced a policy change around payday loans and banned ads for financial solutions and various kinds of online loans. While this total ban may weed out some predatory payday loans or those with extremely high APRs, NAFSA believes that this ban...
House GOP Memo Lays Out Sweeping Changes to Dodd-Frank Act, CFPB

House GOP Memo Lays Out Sweeping Changes to Dodd-Frank Act, CFPB

A memo is circulating throughout the House this week authored by Rep. Jeb Hensarling (R-TX), summarizing legislation he plans to introduce possibly as early as this month to scale back regulation under the Dodd-Frank Act. Two key changes referenced in his memo are the...

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