financial regulations

CFPB’s Credit Card Late Fee Cap Tossed by Judge

CFPB’s Credit Card Late Fee Cap Tossed by Judge
CFPB’s Credit Card Late Fee Cap Tossed by Judge
April 15, 2025  |  Credit Cards

A federal judge has thrown out the Consumer Financial Protection Bureau’s (CFPB) late fee cap. The ruling by U.S. District Judge Mark Pittman came after...

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CFPB Back at Office to Deal With Complaint Backlog
CFPB Back at Office to Deal With Complaint Backlog
March 16, 2025  |  Legal & Regulation

Reports of the Consumer Financial Protection Bureau’s (CFPB) death may have been somewhat exaggerated.  Last month, the Trump administration shuttered the regulator’s offices and essentially...

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Trump Allies Reportedly Worried DOGE Attacks on CFPB Could Backfire
Trump Allies Reportedly Worried DOGE Attacks on CFPB Could Backfire
February 23, 2025  |  Legal & Regulation

The Consumer Financial Protection Bureau (CFPB) has long been a target of Republican ire. But now, efforts by the newly created Department of Government Efficiency...

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FDIC Gives BlackRock New Deadline to Resolve Banking Oversight Questions
FDIC Gives BlackRock New Deadline to Resolve Banking Oversight Questions
January 12, 2025  |  Bank Regulation

Asset manager BlackRock is reportedly facing a new deadline over its investments in government-backed banks. The company had missed a Jan. 10 deadline issued by...

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Yellen Cautions Trump Against Meddling With Financial Regulations
Yellen Cautions Trump Against Meddling With Financial Regulations
December 15, 2024  |  Bank Regulation

Treasury Secretary Janet Yellen says the next administration should leave “critically important” financial regulations untouched. In an interview with Reuters on Friday (Dec. 13), Yellen...

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UK Government Aims to Provide More Protections to BNPL Users
UK Government Aims to Provide More Protections to BNPL Users
October 17, 2024  |  BNPL

The U.K. government said Thursday (Oct. 17) that it aims to provide buy now, pay later (BNPL) users with many of the protections provided by...

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Thread Bank Responds to FDIC Enforcement Action
Thread Bank Responds to FDIC Enforcement Action
July 01, 2024  |  Bank Regulation

2024 is fast becoming the summer of consent orders for smaller banks. That’s because, with the news Friday (June 28) that Tennessee-based Thread Bancorp is...

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Esker and EY Services France Partner to Support Digital Transformation
Esker and EY Services France Partner to Support Digital Transformation
June 13, 2024  |  Partnerships

Esker and EY Services France have teamed up to help companies manage the emergence of disruptive technologies and regulatory changes. This collaboration brings together the capabilities...

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