A proposal by the Consumer Financial Protection Bureau (CFPB) that seeks to curb excessive credit card late fees drew criticism from several banking industry organizations. The proposal focuses on ...
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A bill was introduced in the U.S. Senate this week designed to help students pay for college costs. The ISA Student Protection Act would support a student financing tool for postsecondary education...
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The Consumer Financial Protection Bureau (CFPB) has proposed a rule to limit excessive late credit card fees. The rule change focuses primarily on the immunity provision, which, among other things,...
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U.S. Sens. Susan Collins (R-ME) and Amy Klobuchar (D-MN) have introduced the American Apprenticeship Act, which the lawmakers maintain seeks to expand apprenticeship and pre-apprenticeship access. ...
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The U.S. House of Representatives passed the Credit Union Board Modernization Act this week, a bill sponsored by Reps. Juan Vargas (D-CA) and Bill Huizenga (R-MI). The bill, H.R. 582, would update ...
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U.S. Rep. Ann Wagner (R-MO) is commending House of Representatives colleagues for advancing her Financial Exploitation Prevention Act (H.R. 500), which offers protection for at-risk senior investors. ...
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The Securities and Exchange Commission (SEC) proposed amendments this week designed to strengthen and modernize its ethics compliance program. The proposed amendments would add new ethics requirem...
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The Federal Deposit Insurance Corporation (FDIC) has extended by 45 days the public comment period for proposed changes to regulations regarding the FDIC’s official sign and its official advertising...
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The Pew Charitable Trusts maintains large banks have pivoted toward offering small installment loans or lines of credit to checking account customers with low or no credit scores. Officials indicat...
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The Federal Reserve Board issued a policy statement last week that says uninsured banks supervised by the board will be subject to the same limitations on activities as insured banks and national bank...
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