Obama news and trends

CFPB To Overhaul Payday Lending Rule
Regulation // February 06, 2019

As part of a move to revise a payday loan regulation from the Obama era, the Trump administration on Wednesday (Feb. 6) revealed a plan to remove a provision that would make it harder for companies to provide customers with high-cost loans, according to a...

White House Gives US Cyber Command More Independence
Security & Fraud // August 21, 2017

Taking a page from the Obama Administration, President Donald Trump announced news on Friday (Aug. 18) that the White House is elevating the U.S. Cyber Command to the status of Unified Combatant Command. According to a report in TechCrunch, the move, which was recommended by...

CFPB Director Cordray Defends Agency In Republican Crosshairs
Regulation // April 03, 2017

Republicans and President Trump want to wrest the power from the Consumer Financial Protection Bureau (CFPB), a consumer watchdog put into place under former President Obama, but its director Richard Cordray last week was out defending the agency he heads. According to a report, speaking...

Consumer Groups, Legal Scholars, Lawmakers Show Support For CFPB
Regulation // April 03, 2017

A group of consumer and civil rights groups, legal scholars and members of congress announced Friday they would be submitting amicus briefs to the U.S. Court of Appeals in support of the Consumer Financial Protection Bureau (CFPB) in the case of PHH Corp. v. CFPB....

Quick Reads
Former Obama Chief Of Staff Tapped To Lead Wells Public Affairs

November 07, 2019
William M. Daley has been appointed Wells Fargo vice chairman of Public Affairs and will begin his new role Nov. 13, the company said in a press release Thursday (Nov. 7). Daley comes from a wide-ranging background in both the public and private sectors and served as chief of Staff to President Barack Obama and […]

CFPB To Overhaul Payday Lending Rule

February 06, 2019
As part of a move to revise a payday loan regulation from the Obama era, the Trump administration on Wednesday (Feb. 6) revealed a plan to remove a provision that...

White House Gives US Cyber Command More Independence

August 21, 2017
Taking a page from the Obama Administration, President Donald Trump announced news on Friday (Aug. 18) that the White House is elevating the U.S. Cyber Command to the status of...

CFPB Director Cordray Defends Agency In Republican Crosshairs

April 03, 2017
Republicans and President Trump want to wrest the power from the Consumer Financial Protection Bureau (CFPB), a consumer watchdog put into place under former President Obama, but its director Richard...