CFPB Contends Payday Rule Is Legal Despite Supreme Court Ruling

The CFPB argues even though the U.S. Supreme Court ruled the agency's structure is illegal, the rules are still valid.

By David Baumann | October 27, 2020 at 12:29 PM

The CFPB has argued in federal court that the agency's payday lending rule is valid since Director Kathleen Kraninger "ratified" all agency actions following a U.S. Supreme Court ruling this summer that found the bureau's structure illegal.

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CU on a Mission to Make Housing Affordable

By Michael Ogden | July 26, 2024

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Bank Shareholders Approve Proposed Acquisition by Global Credit Union

By Peter Strozniak | July 26, 2024

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The Florida CU is the fourth-largest holder of indirect car loans, the type sold in a deal that closed Wednesday.

Space Coast Sells $669 Million in Auto Securities

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