Policymaking

Spat between CFPB, GOP intensifies with auto lending report

01/18/17

A House Republican report, charging that Consumer Financial Protection Bureau Director Richard Cordray "may have broken the law" when the agency cracked down on auto lenders, appeared to escalate the GOP's clash with the agency.

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OCC fintech charter tramples state rights: N.Y. superintendent

01/18/17

The head of the New York Department of Financial Services did not mince words Wednesday in criticizing a proposed federal fintech charter.

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Dems will jab at Mnuchin, but will they land any punches?

01/18/17

Steven Mnuchin's time as OneWest CEO is expected to draw ample attention at his nomination hearing, but it will not be the only issue to come up as senators try to gauge how he would lead President-elect Trump's financial policies.

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Dems: CFPB's Cordray would sue if forced out

01/17/17

Top Democrats vowed Tuesday to defend the Consumer Financial Protection Bureau, predicting Director Richard Cordray will file a lawsuit if he were fired by Donald Trump after he is sworn in as president.

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Banks rejected by Supreme Court, lose bid to derail Libor suits

01/17/17

The U.S. Supreme Court turned away an appeal by Bank of America, Citigroup and JPMorgan Chase, refusing to stop antitrust lawsuits that accuse some of the world’s largest banks of conspiring to rig Libor.

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OCC fintech charter opens 'henhouse' to payday lenders: consumer groups

01/13/17

Consumer protection groups opposing the Office of the Comptroller of the Currency’s plan to offer limited-purpose bank charters to fintech companies raised concerns that the move could allow payday lenders to operate nationally.

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Bankers cry foul over CFPB’s five-star complaint rating system

01/13/17

Bankers are trying to stop the CFPB from allowing consumers to rank how companies handle complaints on a one- to five-star scale and to publish narratives of consumer experiences in an online public database.

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Mnuchin's nomination hearing set for Thursday

01/13/17

The Senate Finance Committee will hold a hearing on Treasury Secretary-designate Steven Mnuchin’s nomination on Thursday, Jan 19.

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