The SEC has said it will not approve cryptocurrency exchange-traded funds (ETFs) until its concerns about best protecting investors are fully met. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Mick Mulvaney, President Donald Trump’s appointed acting director of the Consumer Financial Protection Bureau (CFPB), did not request any funding for the watchdog agency in the second quarter budget. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The U.S. Treasury’s financial crime unit is picking up enforcement of cryptocurrency platforms that don’t have strong internal mechanisms in place to prevent money laundering, according to a report in Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Mark Calabria, chief economist for Vice President Mike Pence, warned Wednesday (Jan. 17) that a financial regulatory relief legislation will have to get in line behind other policy initiatives. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Consumer Financial Protection Bureau (CFPB) under Acting Director Mick Mulvaney is seeking out public comment to ascertain if the government watchdog agency is fulfilling its mission. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Equifax may be working to rebuild its reputation after a massive data breach exposed the information of millions of its customers, but the public still has a lot to say about the company. They’re turned to the Consumer Financial Protection Bureau (CFPB) to complain in...
The payday lending arena could get help from the Consumer Financial Protection Bureau (CFPB), with acting director Mick Mulvaney saying the CFPB will “reconsider” rules regarding the industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Wells Fargo’s effort to toss out a lawsuit lodged by the city of Philadelphia failed, with the judge paving the way for the city to go after the embattled bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Congress has a new petition to review: This one is from a bipartisan group of 18 attorneys general from states that have legalized recreational and medical marijuana and would like access to banking in the industry. Get the Full Story Complete the form to unlock...