Agency director testifies at House Financial Services Committee hearing on rule CFPB expects to finalize in January.
NAFCU says impact will help some but that most credit unions will still face denying transaction no. 101 or eliminating remittance services altogether.
Two credit union officials will testify Thursday before the House Financial Services Subcommittee on Oversight and Investigations on the Dodd-Frank Act.
Plaintiffs challenge creation of CFPB and FSOC, Cordray's appointment.
Agency publishes nearly 2,000 comments from individual consumers after seeking feedback.
House panel to meet on June 20 and probe the Consumer Financial Protection Bureau’s mandate to combine residential mortgage disclosures.
Overdraft fees at the nation’s 14 largest banks have increased after two years of stagnation, according to the Consumer Federation of America.
The Consumer Financial Protection Bureau is looking at overdraft programs, and this could impact credit unions.
Five columns on the broad topic of rules and regulations and the agencies and credit unions that enforce and (at least try) to obey them.
With a long to-do list and a director in place, the folks at the Consumer Financial Protection Bureau are off and running. Interestingly, they are off and running on a different path than traditional federal agencies.