Regulatory & Compliance

One piece of the legislation would create an Office for Under-Banked, Un-Banked and Underserved Consumers in the CFPB.

The legislation, which was approved by the committee in a party-line vote, has little chance of passing the Senate.

The GAO continues to push the OMB to work with agencies to determine which tax expenditures contribute to an agency's goals.

HUD says the delay will allow time for government entities to prepare for the new guideline.

Beginning May 11, the OMB will require all guidance and rules issued by financial regulators to be reviewed by the budget office.

ITIN lending represents a solid marketing demographic for credit unions.