A House debate over Dodd-Frank grows strident as battle lines are drawn.
The trade association urges the House committee to exempt credit unions from CFPB rulemaking.
The NCUA and CFPB will remain open even if the government shuts down at the end of the week.
Bill proposes major financial rules to be approved by Congress before they go into effect.
The CFPB announces its fair lending resources for small business lending, mortgage and student loan servicing.
CU compliance expenses could instead be funneled into the economy, trades tell the Senate Banking Committee.
Jeb Hensarling’s latest draft legislation to overhaul Dodd-Frank would retain a three-member structure.
Neomi Rao contends Trump may remove members of independent agency boards, presumably including the NCUA.
CFPB argues the agency is constitutional in a brief filed in federal court.
A House Financial Services Committee hearing results in a heated debate over the CFPB’s legality and performance.