Senate Banking Committee Holds Confirmation Hearing for CFPB Nominee Rohit Chopra
Senate Banking Committee Holds Confirmation Hearing for CFPB Nominee Rohit Chopra Earlier this week, the Senate Banking Committee held a confirmation hearing for two of President Biden’s nominees: Gary Gensler, nominated to lead the Securities and Exchange Commission,...
Experian Research Finds Consumers Embracing Digital Transactions
Experian Research Finds Consumers Embracing Digital Transactions Experian’s 2021 Global Insight Report revealed that 60 percent of consumers currently use a mobile wallet to make digital payments, and 38 percent of consumers anticipate increasing their online activity...
CFPB Hiring Personnel in Anticipation of Enforcement Push
CFPB Hiring Personnel in Anticipation of Enforcement Push The Consumer Financial Protection Bureau (CFPB) recently announced its plans to establish a new enforcement team in preparation of strengthening its oversight of banks, mortgage servicers, and other financial...
Following Confirmation Hearing, Interior Secretary Nominee Deb Haaland Likely to be Confirmed
Following Confirmation Hearing, Interior Secretary Nominee Deb Haaland Likely to be Confirmed In her confirmation hearing this week before the Senate Energy and Natural Resources Committee, President Biden’s Interior Secretary nominee Deb Haaland stressed her support...
Department of Interior to Hold Tribal Consultations in March
Department of Interior to Hold Tribal Consultations in March The Department of the Interior recently announced its plans to hold consultations with tribal leaders in March to hear their suggestions for departmental actions and federal policy. The Indian Affairs’...
Acting CFPB Director Outlines Vision for Division of Consumer Education and External Affairs
Acting CFPB Director Outlines Vision for Division of Consumer Education and External Affairs Earlier this month, acting Director of the Consumer Financial Protection Bureau (CFPB) Dave Uejio met with the Division of Consumer Education and External Affairs (CEEA) to...
Sens. Schatz and Murkowski Become Chairman and Vice Chair of Senate Indian Affairs Committee
Sens. Schatz and Murkowski Become Chairman and Vice Chair of Senate Indian Affairs Committee Last week, U.S. Senators Brian Schatz (D-Hawaii) and Lisa Murkowski (R-Alaska) were unanimously elected as Chairman and Vice Chairman of the Senate Committee on Indian...
Big Banks in U.S. Reduce Lending
Big Banks in U.S. Reduce Lending Many of the biggest U.S. banks continue to reduce how much of their collective balance sheets is allocated towards loans, according to Federal Reserve data. The share of total assets devoted to loans across the country’s 25 largest...
