Feb 26, 2021 | Federal Regulation, News
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...
Feb 24, 2021 | Federal Regulation, News, Tribal Sovereignty
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’...
Feb 22, 2021 | Federal Regulation, News
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...
Feb 19, 2021 | Congressional Legislation, News
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...
Feb 17, 2021 | Banks & Credit Unions, News
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...
Feb 15, 2021 | Banks & Credit Unions, News
Survey Finds 1.2 Million Borrowers Feared Mortgage Foreclosure in December A recent report from the Research Institute for Housing America (RIHA), backed by the Mortgage Bankers Association (MBA), showed that nearly 1.2 million borrowers feared they would be...
Feb 12, 2021 | Federal Regulation, News
CFPB Looks to Delay Implementation of Qualified Mortgage, Debt Collection Rules The Consumer Financial Protection Bureau (CFPB) is considering delaying implementation dates for the recent debt collection and Qualified Mortgage (QM) rules that have not yet gone into...
Feb 10, 2021 | Federal Regulation, News
New Calif. Consumer Protection Agency Strikes Data Sharing Deal with Fintechs At the end of January, the California Department of Financial Protection and Innovation (DFPI) signed an agreement with five fintech companies to better evaluate the risks and benefits of...
Feb 8, 2021 | Congressional Legislation, News
Two Democrats, Three Republicans Join Senate Banking Committee for 117th Congress The Senate Banking Committee began the 117th Congress with the addition of five new members, including two Democrats and three Republicans. With the change in control of the chamber,...
Feb 5, 2021 | News, Tribal Sovereignty
Mika Leonard in the Detroit News: Give Native Americans Voice in Federal Financial Regulations The below opinion column from NAFSA Chief Operations Officer Mika Leonard originally appeared in the Detroit News. On Jan. 26, the Biden administration tackled inequality...
