Massachusetts senator questions interest markup Sallie Mae passes on to student borrowers.
CFPB creator now Massachusetts senator wonders aloud at hearing if time has come for separate systems for big and small FIs.
House Financial Services Committee chair says "there is no legally appointed director of the CFPB at this time."
Although I never actually checked, my guess is that the great majority of lawsuits that are filed seeking money damages never go to trial. Instead, they are settled between the parties out of court.
CFPB director goes before Senate Banking Committee on Tuesday for expected testy confirmation hearing.
WASHINGTON — Sen. Elizabeth Warren (D-Mass.) lived up to her controversial reputation among credit unions, making a partisan pitch to CUNA Governmental Affairs Conference attendees to advocate on Capitol Hill for the Consumer Financial Protection Bureau and the confirmation of Richard Cordray during her Feb. 27 address.
WASHINGTON — Congressmen made their points for and against the CFPB and Dodd-Frank at the final day of the GAC. John Cooke captured the images.
WASHINGTON — New senator asks credit unions at GAC to advocate for CFPB and confirmation of Richard Cordray while hiking the hill later Wednesday.
Boehner, Cordray, Cantor, Hoyer, Waters and more on tap as 4,200 credit union professionals descend on D.C.
A group of Democratic senators introduced a bill Jan. 23 that would allow privately issued student loans to be discharged along with other bankruptcy debt.