← Previous Article Next Article → Yesterday, in a bulletin titled “Core Lending Principles for Short-Term, Small-Dollar Installment Lending,” the Office of the Comptroller of the Currency (OCC) announced a new policy on short-term, small-dollar loans, which...
← Previous Article Next Article → On Monday, the United States Supreme Court ruled 7-2 with tribal interests in the Upper Skagit Indian Tribe v. Lundgren case, giving the Tribe a procedural victory by vacating and remanding the Supreme Court of Washington’s...
← Previous Article Next Article → At the start of 2018, bank earnings are up 27.5 percent over the previous year, rising to $56 billion. The massive quarterly haul was driven in large part by higher operating revenue and a corporate tax rate that was lowered...
← Previous Article Next Article → This week, Ann Kossachev, on behalf of the National Association of Federally-Insured Credit Unions, sent a letter to the Consumer Financial Protection Bureau outlining suggested changes to the Bureau’s enforcement processes....
← Previous Article Next Article → Earlier this week, Idaho state Representative Paulette Jordan won the Democratic Primary to face Lt. Gov. Brad Little in November’s Idaho gubernatorial election. Jordan, a proud member of the Coeur d’Alene Tribe who...
← Previous Article Next Article → GOP aides have told Politico that the House of Representatives will vote next Tuesday on the bank deregulation bill that passed the Senate in March. If passed, the measure would head to the President’s desk for signature....
← Previous Article Next Article → For weeks, J. Mark McWatters, currently heading the National Credit Union Administration, has been rumored to be President Trump’s pick to permanently lead the Consumer Financial Protection Bureau. Last week, however,...
← Previous Article Next Article → American Banker is reporting that the White House would like acting CFPB director Mick Mulvaney, who also heads the Office of Management and Budget, to remain in his post atop the consumer protection agency at least until...
← Previous Article Next Article → New York State Senator Elaine Phillips has proposed new legislation in the New York Senate that would authorize the Department of Financial Services to create a limited state charter for “Internet Lending Services...
← Previous Article Next Article → Last week, U.S. Representatives Markwayne Mullin (R-OK) and Ben Ray Luján (D-NM) introduced the Tribal Connect Act (H.R. 5661), a bipartisan bill to promote broadband access in tribal communities. The bill was introduced...
