Remove CFPB Remove FDIC Remove NCUA
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US agencies provide advice for combatting elder financial exploitation

Finextra

The Board of Governors of the Federal Reserve System (FRB), Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Financial Crimes Enforcement Network (FinCEN), National Credit Union Administration (NCUA), Office of the Comptroller of the Currency (OCC), and state financial regulators issued a joint statement this (..)

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The CFPB Found Unconstitutional…But …

PYMNTS

appeal of the 2014 $109M financial penalty imposed by the CFPB. Currently, the CFPB Director, who reports to the President, can only be removed for cause. Not surprisingly, the verdict has drawn sharp responses across the board from opponents and supporters of the CFPB alike.

CFPB 60
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Regulatory Chessboard Reconfigured: New Leadership Set to Shape Financial Oversight

Innovative Payments Association

At the FDIC, former Vice Chairman Travis Hill was appointed Acting Director on Jan. As evidence of this, Rodney Hood, the former chairman of the National Credit Union Administration Board (NCUA) , was appointed to be the acting comptroller on Feb. Jonathan McKernan, the CFPB nominee, was nominated to head the CFPB on Feb.

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Proposed Bill Would Reform Bank Exam Processes

Global Fintech & Digital Assets

Endnotes [1] The FFIEC members are the Board of Governors of the Federal Reserve System (FRB), the Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corporation (FDIC), the Consumer Financial Protection Bureau (CFPB), the National Credit Union Administration (NCUA), and the State Liaison Committee. [2]

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Why The Final Payday Lending Rules Are Far From The Last Word

PYMNTS

Last week, after five years of debates, discussions, arguments and waiting, the Consumer Financial Protection Bureau’s (CFPB) final rules for payday lending dropped. Most concerning, this rule completely disregards the concerns and needs of actual borrowers, who value this credit option and told the CFPB as much in the record 1.4

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