← Previous Article Next Article → Congresswoman Maxine Waters (D-CA-43) delivered her first policy speech as Chair of the House Financial Services Committee where she outlined several different policy priorities for 2019. Her speech included monitoring the...
← Previous Article Next Article → A number of congressional freshmen, including Alexandria Ocasio-Cortez (D-NY-14) and Rashida Tlaib (D-MI-13), are set to join the House Financial Services Committee, which will be chaired by Maxine Waters (D-CA-43) and...
← Previous Article Next Article → The U.S. Supreme Court declined to hear a case on Monday that would have challenged the constitutionality of the Consumer Financial Protection Bureau (CFPB). The case involved the State National Bank of Big Spring alongside...
← Previous Article Next Article → United States’ fintech funding reached a record high in 2018, rising 38% to nearly $11 billion last year, according to the latest quarterly report by PwC and CB Insights. The fintech sector not only saw an increase in...
← Previous Article Next Article → The Office of the Comptroller of the Currency (OCC) has recently submitted a motion asking a federal judge to dismiss a lawsuit against the agency’s plan to issue fintech charters, despite acknowledging that a court ruling...
← Previous Article Next Article → A new report by the Aite Group, prepared for and published by Experian, highlights the various ways that fintech lenders utilize alternative data to serve borrowers who may be rejected by traditional financial institutions...
← Previous Article Next Article → The Consumer Financial Protection Bureau (CFPB) announced in a consent order on Thursday, January 3, that the USAA Federal Savings Bank will pay customers more than $12 million in restitution and a $3.5 million fine. The...
← Previous Article Next Article → Kathy Kraninger, the newly-installed director of the Consumer Financial Protection Bureau (CFPB), sent around a memo to staff that was obtained by the American Banker. In the email, Kraninger urged staff to “vigorously...
← Previous Article Next Article → Representative Maxine Waters (D-CA-43), who will head the House Financial Services Committee in 2019, stated in a recent interview that her priority for the next two years will be to “try and undo the damage that [Mick...
← Previous Article Next Article → The 116th Congress came to order at noon today, beginning at least two years of divided government with Republicans in control of the Senate and Democrats in control of the House of Representatives. Four Native Americans,...
