Senate to Vote on Kraninger’s Nomination During Lame Duck

Senate to Vote on Kraninger’s Nomination During Lame Duck

← Previous Article Next Article → Senate Majority Leader Mitch McConnell (R-KY) announced yesterday that the Senate would hold a vote on Kathy Kraninger’s nomination to head the Consumer Financial Protection Bureau (CFPB) before Congress adjourns for the...
FDIC Seeks Public Comments on Small-dollar Lending

FDIC Seeks Public Comments on Small-dollar Lending

← Previous Article Next Article → The Federal Deposit Insurance Corporation (FDIC) announced yesterday that it is seeking information on small-dollar lending, specifically in regards to “consumer demand for small-dollar credit products, the supply of...
Congressional Leadership Roles Begin Taking Shape

Congressional Leadership Roles Begin Taking Shape

← Previous Article Next Article → Last week, House Republican Patrick McHenry (R-NC-10) officially announced his intent to run for the ranking member position on the House Financial Services Committee. If elected, he will be sitting alongside Representative...
Judge Delays Small-dollar Rule’s Compliance Date

Judge Delays Small-dollar Rule’s Compliance Date

← Previous Article Next Article → A federal judge delayed the compliance date of the Consumer Financial Protection Bureau’s (CFPB) rule for  “Payday, Vehicle Title, and Certain High-Cost Installment Loans,” commonly referred to as the Small Dollar or Payday...
Native American Representation Increases in a Historic Election

Native American Representation Increases in a Historic Election

← Previous Article Next Article → U.S. voters sent a record number of Native Americans to Congress during the 2018 midterm elections. Making this an even more historic moment, two of them will be the first Native American women to ever walk the halls of...
A Divided Congress: What It Means for Financial Services

A Divided Congress: What It Means for Financial Services

← Previous Article Next Article → A Divided Congress: What It Means for Financial Services   On November 6, 2018, an increasingly polarized electorate voted for a divided Congress. Democrats took control of the House while Republicans maintained a...
State Investigations into Redlining Continue

State Investigations into Redlining Continue

← Previous Article Next Article → In mid-October, Pennsylvania’s Attorney General Josh Shapiro ratcheted up an investigation into redlining by calling on Philadelphia residents to file official complaints if they feel they have been redlined when applying...
Mulvaney and the Decline in Enforcement Actions at the CFPB

Mulvaney and the Decline in Enforcement Actions at the CFPB

← Previous Article Next Article → Over the past year, there has substantial concern among consumer watchdogs that the Consumer Financial Protection Bureau (CFPB) has initiated fewer enforcement actions against financial services companies under Acting...
Congressmen Urge Federal Reserve to Mandate Real-Time Payments

Congressmen Urge Federal Reserve to Mandate Real-Time Payments

← Previous Article Next Article → Earlier this week, four members of the Congressional Black Caucus sent a letter to Federal Reserve Chairman Jerome Powell urging the federal agency to mandate real-time payments. This is becoming an increasingly important...

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