Legal & Regulation

Legal & Regulation
Dodd-Frank, And Deregulation, Is In The House (Maybe)
April 11, 2018

In regulatory land, spring has sprung, to borrow a seasonal phrase. Tax season lurches to its end, and thoughts turn to who spends what and where and how. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Legal & Regulation
Alibaba CEO Warns Trade War Will Harm Everyone
April 11, 2018

Alibaba’s Chief Executive Jack Ma warned in an op-ed in The Wall Street Journal on Wednesday (April 11) that a trade war between the U.S. and China would harm all parties involved. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

CFPB
Mulvaney Pitches New CFPB Governance To Congress
April 11, 2018

In his first semiannual report to Congress, Mick Mulvaney said he is taking a narrow approach to running the Consumer Financial Protection Bureau (CFPB). Mulvaney, who is temporarily running the agency, is also the White House budget chief, Bloomberg reported. Get the Full Story Complete...

CFPB
Senate Banking Committee To Repeal CFPB’s Auto Lending Rules
April 11, 2018

The U.S. Senate Banking Committee is planning to repeal the Consumer Financial Protection Bureau’s (CFPB) indirect auto lending and leveraged lending rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Legal & Regulation
Trade War May Dwindle Amid Blinking
April 10, 2018

The trade war may be downsized to a skirmish that maybe won’t even be waged. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Bank Regulation
Bank Of England To Issue More Cybersecurity Guidelines For UK Banks
April 10, 2018

A Bank of England official warned on Monday (April 9) that the U.K.’s financial system is under cyberattack almost constantly, prompting regulators to soon roll out new standards for cybersecurity for financial firms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Bank Regulation
Wells Fargo Faces Record Fines From CFPB Over Auto Lending Scandal
April 10, 2018

The Consumer Finance Protection Bureau is seeking to impose fines – for a record amount – on Wells Fargo tied to the banking giant’s practices in the auto insurance and mortgage lending realms. Get the Full Story Complete the form to unlock this article and...

CFPB
Payday Lending Trade Group Sues CFPB Over Obama-Era Rule
April 10, 2018

Community Financial Services Association of America, the payday lending trade group, filed a lawsuit against the Consumer Financial Protection Bureau to stop a regulation put into place under the Obama administration that it claims will kill the industry. Get the Full Story Complete the form...

Legal & Regulation
OCC Gearing Up To Publish Position On FinTech Charter
April 10, 2018

The Office of the Comptroller of the Currency (OCC) is getting ready to release its position on a proposed charter for online lenders and other FinTech companies in the next three months. Get the Full Story Complete the form to unlock this article and enjoy...