WASHINGTON – Sen. Sherrod Brown says efforts to gut or repeal the bill won’t be well-received.
Tax reform, regulatory relief and other credit union concerns are in the hands of these members of Congress.
Rep. Randy Neugrbauer (R-Texas) introduces a bill that would replace CFPB Director Richard Cordray with a five-person commission.
Credit union and bank executives tell the Republican-controlled Senate Banking Committee the CFPB needs structural reform.
Regulator complicates MBL waiver process and proposed an “off the wall” risk-based capital rule, CEO says.
The $4.2 billion Pennsylvania Employee Credit Union is getting out of the student loan business, but Harrisburg, Penn.-based credit union’s decision isn’t related to recent criticism directed at loan servicer Sallie Mae.
Analysis shows largest student loan servicer at bottom of peer pool, could affect contract allocation.
Measure would move practice firmly into CFPB portfolio.
Letter sent in advance of Thursday's CFPB roundtable with Federal Trade Commission.
Missouri Rep. Blaine Luetkemeyer's bill doesn't mention credit unions but would provide some regulatory relief, trades say.