Three bills (out of five total) affecting federal financial institution regulation were in the process of being marked up Tuesday in the House Financial Services Committee; however, other business in the House (including roll call […]
As of today, there is one month remaining in the tenure of the acting director of the federal consumer financial protection agency as its leader, unless President Donald Trump makes a nomination by June 22. […]
Legislation removing 2013 guidance issued by the federal consumer financial protection agency – which was later deemed a “rule” by a congressional watchdog agency – was signed into law Monday by President Donald Trump in […]
“Bank” as a verb to generally refer to provision of financial services is permissible for a credit union to use in its advertising, and federal law supersedes state statutes that would block the use of […]
A confirmation vote for the leader of a federal financial institution regulator, a vote on “regulatory relief” legislation that will send it to the president to sign, and a report on first-quarter bank earnings highlight […]
The “payday lending rule” issued by the Bureau of Consumer Financial Protection (BCFP, formerly known as the CFPB) last year stands in place for now, as a deadline passed this week for Congress to take […]
The Senate will consider the confirmation of Jelena McWilliams’ nominations as chairman and a member of the Federal Deposit Insurance Corp. (FDIC) Board Monday, under its “unanimous consent” calendar. McWilliams, whose nomination as chairman was […]
Combatting elder financial exploitation will be the focus of a June 8 public town hall in Topeka, Kansas, and will feature remarks by Bureau of Consumer Financial Protection (BCFP) Acting Director Mick Mulvaney, the agency […]
Payment of a $15 million civil money penalty was agreed to by PNC National Bank for failure to waive fees it said it would renounce since at least 2001, and for fees charged for an […]
The Federal Reserve will be “in the near future” seeking public comment on its “living will” guidance for U.S. and foreign firms, the central bank’s top supervisor said Wednesday. Federal Reserve Vice Chairman for Supervision […]
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