Oct 17, 2019 | Federal Regulation, News
Last week, the Consumer Financial Protection Bureau (CFPB) announced a new taskforce that will review federal consumer financial laws with the ultimate responsibility of proposing ways to harmonize and update those laws. “An objective and independent evaluation of...
Oct 11, 2019 | Congressional Legislation, Federal Regulation, News
← Previous Article Kathy Kraninger, the Director of the Consumer Financial Protection Bureau (CFPB), will visit the House Financial Services Committee and the Senate Banking Committee next week to deliver the semi-annual report of the CFPB.In what promises to be...
Oct 9, 2019 | Litigation, News
← Previous Article Last Monday, the House of Representatives filed an amicus brief asking the U.S. Supreme Court to reject a petition to hear a case that would determine the constitutionality of the Consumer Financial Protection Bureau (CFPB). The dispute...
Oct 4, 2019 | Federal Regulation, News
← Previous Article The Consumer Financial Protection Bureau (CFPB) announced yesterday the new members of its four advisory committees, which include the Consumer Advisory Board (CAB), the Community Bank Advisory Council (CBAC), the Credit Union Advisory Council...
Oct 4, 2019 | Banks & Credit Unions, News
← Previous Article The American Financial Exchange (AFX), electronic interbank lending market for U.S. financial institutions, announced last week that the People’s Bank of Seneca joined the exchange, becoming the first native-owned bank to join AFX.According to...
Oct 3, 2019 | FinTech, News, Tribal Sovereignty
← Previous Article Twelve Clans, Inc, the sovereign wealth fund of the Ho-Chunk Nation, recently exited its investment in Slack Technologies, reportedly earning the Tribe a substantial return on investment.The Ho-Chunk Nation established Twelve Clans in 2016 with...
Oct 2, 2019 | Litigation, News
← Previous Article Next Article → Earlier this week, All American Check Cashing, a check cashing and payday lender, filed a petition to the U.S. Supreme Court asking for a ruling on the constitutionality of the Consumer Financial Protection Bureau (CFPB). In...