Sens. Kim, Warren seek answers on changes to CFPB complaint portal
U.S. Sens. Andy Kim (D-NJ) and Elizabeth Warren (D-MA) are seeking answers from the Consumer Financial Protection Bureau (CFPB) about recent updates to the CFPB Consumer Complaint Portal. The senators said the new portal has made it more difficult for consumers to submit complaints. They also expressed concern that the changes were made at the urging and to the benefit of credit reporting companies, and at the cost of consumers. “Instead of spending time strengthening the CFPB – an age...
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Rep. Velázquez introduces bill to increase transparency of SBA loan program
U.S. Rep. Nydia Velázquez (D-NY) introduced legislation this week that’s designed to create a clearer picture of risk...Read More »
Proxy advisers back board shake-up as Saba escalates fight for Workspace Group
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Banking associations urge more clarity on Clarity Act
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ROAD to Housing act becomes law
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Fed appoints new leadership to its five task forces
The Federal Reserve appointed the new leaders of its task forces and established objectives for those groups to advance ...Read More »
Sen. Warren raises regulatory concerns about potential large bank acquisitions
U.S. Sen. Elizabeth Warren (D-MA) raised regulatory concerns about Citigroup’s potential acquisition plans. In late...Read More »
Federal Reserve seeks comments on proposal to amend AML programs for banks
The Federal Reserve Board is seeking feedback on a proposal to amend its requirements for banks to maintain anti-money l...Read More »
PNC Bank to add more nearly 100 branches in Florida
PNC Bank is realigning its Florida markets, as it plans to add nearly 100 new branches statewide by 2030. It is part ...Read More »
