Banks’ bottom lines may get a boost from deregulation from Capitol Hill. Barron’s noted this past weekend that a spate of proposals to roll back...
The CFPB opens the door to class action suits, and possibly trial lawyer riches, while across the pond, some warnings on regulatory compliance rumble, and...
Government regulation is at the core of what helps shape the financial system in nearly every country, and the U.S. is no different. In this...
In the halls of Congress and in the halls of Wall Street it wasn’t all about Comey Thursday. The House of Representatives approved a bill...
After seven years of offering close scrutiny to any and all aspects of consumer lending — mortgage underwriting, car loans, short-term lending, credit cards, debt collection,...
Retailers — led by Walmart — seem to have beaten back an attempt to raise swipe fees, according to Congressional aides speaking to Bloomberg. Despite...
The Consumer Financial Protection Bureau’s (CFPB) rulemaking authority survived its first big challenge from the now Republican-dominated houses of Congress when an effort to use...
Last week was not a good week to be the CFPB or Dodd-Frank financial reforms. The House Financial Services Committee voted 34 to 26 to...
Things are getting tougher for the Consumer Financial Protection Bureau (CFPB) under the new political administration. More banks are now willing to challenge CFPB enforcement actions,...