Apr 13, 2020 | Federal Regulation, News
Former CFPB Director Cordray Publishes White Paper Pushing Agency to Proactively Help Consumers During Pandemic Richard Cordray, who led the Consumer Financial Protection Bureau (CFPB) before leaving the agency to run for Ohio Governor in the 2018 election, recently...
Apr 10, 2020 | Congressional Legislation, Federal Regulation, News
Five Senate Banking Democrats Press CFPB to Provide Relief to Consumers Facing Financial Harm During COVID Crisis Earlier this week, in a letter to Consumer Financial Protection Bureau Director Kathleen Kraninger, Senate Banking Committee Ranking Member Sherrod Brown...
Apr 8, 2020 | Congressional Legislation, News
Senator Udall Provides Guidance for Tribes on Resources from CARES Act U.S. Senator Tom Udall, vice chairman of the Senate Committee on Indian Affairs, has issued guidance documents on the provisions for Tribes in the CARES Act. The third emergency COVID-19 package...
Apr 7, 2020 | Congressional Legislation, News
Senator Brown Pushes Digital Bank Accounts for Unbanked Households to Facilitate Coronavirus Relief In order to help non-banked consumers more easily access the coronavirus relief funds recently passed by Congress and signed into law, Senator Sherrod Brown (D-Ohio)...
Apr 6, 2020 | Congressional Legislation, News
Senator Crapo Urges Treasury and Fed to Supply Guidance on Title IV of CARES Act U.S. Senator Mike Crapo (R-Idaho) recently wrote a letter advising the U.S. Department of the Treasury and the Federal Reserve to quickly provide guidance on Title IV of the Coronavirus...
Apr 3, 2020 | Federal Regulation, News
CFPB Issues Guidance for Credit Reporting During COVID-19 Pandemic The Consumer Financial Protection Bureau (CFPB) recently released a policy statement detailing credit reporting companies and furnishers’ responsibilities during the COVID-19 pandemic. The statement...
Apr 1, 2020 | Congressional Legislation, News
Congress Passes Funding for Indian Country in Phase III Coronavirus Response Last week, the United States Senate passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which is the third COVID-19 relief package to address the needs of those across the...
Mar 31, 2020 | Federal Regulation, News
CFPB Announces Flexibility for Financial Companies During COVID-19 Pandemic The Consumer Financial Protection Bureau (CFPB) recently announced that it will provide flexibility for financial companies, allowing them to work with customers in need during the COVID-19...
Mar 30, 2020 | Federal Regulation, News
Bank Regulators Opting for Telework During Coronavirus Outbreak Like many across the government and in other industries, federal bank regulators have implemented telework policies for their staffs and are working remotely in response to the Coronavirus (COVID-19)...
Mar 27, 2020 | Congressional Legislation, News
Senator Udall Introduces Legislation to Ensure Tribal CDC Access for Health Security and Preparedness Earlier this month, Senator Tom Udall (D-N.M) introduced the CDC Tribal Public Health Security and Preparedness Act, legislation that would ensure Tribes can access...