The bureau's order targets National Collective Group, which allegedly made deceptive threats to consumers.
With the implementation deadline approaching on Aug. 1, CUs should start covering their bases.
This congress, credit unions might see some reg relief. Might.
House Financial Services Committee gives the green light on a group of bills.
The bureau's initial proposal is based on NCUA payday lending reg.
Credit union regulatory relief bills scheduled for markup, including one that simplifies privacy notification requirements.
Bureau also seeks input on how to highlight positive consumer experiences.
A Financial Services Committee hearing exposes the negative effects CFPB rules have had on credit unions.
Comments from the public will assist the CFPB with a report to Congress.
Sen. Elizabeth Warren (D-Mass.) vows to oppose any changes that restrain the CFPB.