Saying that credit unions and small banks “had very little, really nothing to do with causing the financial crisis,” Consumer Financial Protection Bureau Director Richard Cordray renewed his commitment to ensure that they don’t face unnecessary additional regulatory burdens.
CUNA, NAFCU spread donations across parties, chambers.
CFPB director testifies Tuesday at Senate Banking Committee hearing.
For the past few years, advocates have continued to push for increasing the member business lending cap, and 2011 saw more of the same efforts.
The Consumer Financial Protection Bureau remains officially leaderless.
When it comes to the status of Carla Decker’s nomination to the NCUA board, on Capitol Hill and at the White House the silence has been deafening.
Carla Decker can thank James Madison. When she raises her right hand this week before her confirmation hearing at the Senate Banking Committee, she will continue a tradition that dates back to the 18th century.
CEO tells Senate Banking Committee that service members should be as well prepared to deal with their finances as they are to go to battle.
On a party-line vote, the Senate Banking Committee voted to confirm former Ohio Attorney General Richard Cordray to be the first director of the Consumer Financial Protection Bureau.
Sen. Richard Shelby introduced legislation to force financial regulators to perform more rigorous analyses of prospective regulations and only issue them if the benefits outweigh the costs.