Apr 16, 2020 | Federal Regulation, News
CFPB Issues Interpretive Rule to Allow Consumers to Receive Economic Impact Payments Quickly Via Prepaid Cards Earlier this week, the Consumer Financial Protection Bureau (CFPB) issued an interpretive rule paving the way for consumers to collect the pandemic-relief...
Apr 15, 2020 | Financial Literacy, News
Experian Releases New Research Insights on Consumer Sentiment During COVID-19 Outbreak Credit monitoring company Experian North America recently announced a new set of resources designed to enable essential businesses, such as healthcare providers, government...
Apr 14, 2020 | Congressional Legislation, News
Senators Brown and Hawley Urge Mnuchin to Ensure that Americans Receive Full Stimulus Payments United States Senators Sherrod Brown (D-Ohio) and Josh Hawley (R-Mo.) sent a letter to Treasury Secretary Steven Mnuchin to push for Americans to receive the full relief...
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...
