The CFPB will review how credit unions use reporting agencies to screen members when they open a checking account.
WASHINGTON – A public forum announcing the pilot program featured a credit union executive among panelists supporting the measure.
CFPB Director Richard Cordray said he is committed to reviewing rule that prohibits non-working spouses from using household income to qualify for a credit card.
House lawmakers ask Senate Minority Leader McConnell to allow a vote.
Nominee says CFPB regulations will be helpful to financial institutions and level the playing field.