Alabama, Georgia, Kansas, Montana, Nebraska, Ohio, Texas and West Virginia would join Oklahoma, South Carolina and Michigan in challenge to CFPB, FSOC.
But Dodd-Frank requires fees and closing costs to be included in calculations, so bureau finding a way, director said.
Regulators told the GAO the delay is due to the number, complexity and interconnectivity of new law's rules.
Attorney who helped write Dodd-Frank named as director of agency's Office of Consumer Protection.
Credit unions must work together to outpace today’s fraudsters as Dodd-Frank change in withdrawal rules has unintended consequence.
WASHINGTON — Two credit union witnesses voiced disagreements over the impact the Dodd-Frank Act has had on their credit unions when they testified July 19 before the House Financial Services Subcommittee on Oversight and Investigations.
Four years ago, our nation was thrown into the deepest economic morass since the Great Depression. No question, the situation was dire. People lost their jobs and their homes. Banks and companies closed. Government officials scrambled to help bolster our fragile economy.
Under the guise of deficit reduction, Republicans on the House Financial Services Committee have voted to roll back four provisions of the Dodd-Frank Act.
It’s been nearly two years since the passage of the Dodd-Frank Wall Street Reform Act, which for the first time since the Great Depression allows interest to be paid on business checking accounts.
Credit unions have a lot to feel good about, and this time of year makes it easier to recognize even when times are tough in general. Credit unions are beginning to distribute member dividends and new membership signups are rolling in at a pace credit unions have not experienced in...