‘Elections have consequences’: Mulvaney’s plans for the CFPB
How will Mick Mulvaney reshape the consumer watchdog agency? American Banker Editor-in-Chief Rob Blackwell shares his inside-the-Beltway take on the CFPB’s future. ... Read full article
How will Mick Mulvaney reshape the consumer watchdog agency? American Banker Editor-in-Chief Rob Blackwell shares his inside-the-Beltway take on the CFPB’s future. ... Read full article
The former bank CEO is widely expected to continue the recent push to implement a more industry-friendly agenda. ... Read full article
Rep. Blaine Luetkemeyer is calling on bank regulators to draw up a list of guidance going back 20 years to determine whether it should be submitted under the Congressional Review Act. ... Read full article
Physical cash is likely to have utility for years to come. If it passes away, better the death blow comes from superior commercial payment systems than government edict. ... Read full article
The Government Accountability Office has agreed to a request by a GOP lawmaker to examine whether congress can reject regulators' guidance. ... Read full article
The agency sold nearly 10.3 million shares in First BanCorp in San Juan, Puerto Rico, for $57.7 million. ... Read full article
The bank says it will push the rest of the industry to follow its lead and step up lobbying for policies that increase minority homeownership. ... Read full article
Many banks are weighed down with orders tied to the Bank Secrecy Act and anti-money-laundering laws. Others are dealing with low Community Reinvestment Act ratings. Bank M&A and branching are typically off the table until such issues are addressed, but ... Read full article
"There is an added sense of urgency now," says Barbara Roper, director of investor protection at the Consumer Federation of America. ... Read full article