Readers react to Capital One restricting data access, opine on whether or not the Consumer Financial Protection Bureau's structure is unconstitutional, weigh in on Rep. Maxine Waters as Financial Services Committee chairman and more.
Rep. Maxine Waters made headlines this week for her scathing criticism of the White House. Expect more to come if she takes over as the Financial Services Committee chair next year.
The 13-term California Democrat is in line to chair the Financial Services Committee if her party wrests control of the House in the November election.
Democrats attempted to counter Republicans’ praise for the increased investment, wages and bonuses resulting from the tax bill by tying it to Wells Fargo's recent scandals.
The bill aimed at helping struggling homeowners also requires documentation of servicer behavior and FHFA evaluation of the services provided to borrowers.
The House affirmed this week that it would move forward with a vote on a Senate bill overhauling parts of Dodd-Frank, but how far lawmakers push additional relief proposals is still unclear.
The rules to comply with the Community Reinvestment Act have become "formulaic and ossified" and must be changed to encourage lending practices the law originally intended to foster, the Fed's top regulator said.
