← Previous Article Next Article → Five federal agencies – The Federal Reserve, the Federal Deposit Insurance Corporation, the National Credit Union Administration, the Office of the Comptroller of the Currency, and the Consumer Financial Protection...
← Previous Article Next Article → U.S. Bank, the largest regional bank in the United States, announced yesterday that it would begin providing small-dollar loans between $100 and $1,000 to its customers, making it the first national bank to offer such loan...
← Previous Article Next Article → On Friday, the Consumer Financial Protection Bureau (CFPB) reinstated its advisory boards, including the Consumer Advisory Board, the Community Bank Advisory Council, and the Credit Union Advisory Council. The reinstatement...
← Previous Article Next Article → Brett Kavanaugh, President Trump’s Supreme Court nominee to replace the now-retired Justice Anthony Kennedy, has faced rounds of questions this week from members of the U.S. Senate’s Judiciary Committee. Although Kavanaugh...
Rhode Island-based Citizens Bank, N.A, is requesting an appeals court to affirm a Massachusetts federal judge’s decision to dismiss a proposed class action lawsuit that alleges the bank’s sustained overdraft fees are actually illegal interest charges. Citing a 2007...
← Previous Article Next Article → Last week, the Office of the Comptroller of the Currency (OCC) issued an advance notice of proposed rulemaking (ANPR) seeking public input on how to modernize the Community Reinvestment Act (CRA). Those who are interested...
← Previous Article Next Article → An opinion column out today in the Port Huron Times Herald pushes back against the phrase “rent-a-tribe.” The article was authored by James Williams Jr., the longtime chairman of the Lac Vieux Desert Band of Lake Superior...
← Previous Article Next Article → Following the passing of Senator John McCain (R-Ariz.) on Saturday, Senator John Hoeven (R-N.D.), who currently chairs the U.S. Senate Committee on Indian Affairs, released a statement highlighting McCain’s work on the...
← Previous Article Next Article → In a letter sent today to CFPB Acting Director Mick Mulvaney, Seth Frotman, who has served at the Bureau for the past seven years, tendered his resignation, writing that “after 10 months under your leadership, it has become...
← Previous Article Next Article → In Mexico, where only one-third of adults currently have bank accounts, senior officials are looking to fintech companies and banks to increase participation in the financial system, according to a story in Reuters. In its...
