One strong director – not a commission – should lead the CFPB at the pleasure of the president.
A House subcommittee approves measures to cut CDFI by 23% and makes the CFPB and NCUA subject to appropriations.
A spending plan unveiled Wednesday includes Financial CHOICE Act provisions including NCUA and CFPB be subject to appropriations process.
A lawmaker wants information from fintech companies to ensure they are not discriminating against minorities.
A program designed to help borrowers who work in public service after college, but has problems with loan servicing companies.
CUNA, NAFCU and others are asking that the CFPB be converted into a five-member commission.
CFPB's Cordray goes on the defensive against allegations by a House Financial Services Committee.
The CFPB releases revised prepaid card rules and seeks comments.
NAFCU and CUNA officials praise the Treasury Department's regulatory recommendations.
A Treasury report says regulators and Congress have done a poor job of tailoring regs to the size of FIs.