On Wednesday, the Federal Deposit Insurance Corporation (FDIC) announced its Board of Directors had adopted a final rule regulating the rules governing the use of the official FDIC signs and advertisi...
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Many consumers are still being hit with surprise overdraft and nonsufficient fund fees, a new report from the Consumer Financial Protection Bureau (CFPB) has found. Despite recent changes by banks...
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U.S. Reps. Patrick McHenry (R-NC) and Mike Flood (R-NE) are leasing an effort in the House to have the comment period extended for a proposed rule by the Consumer Financial Protection Bureau (CFPB). ...
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The Federal Reserve Board and the Federal Deposit Insurance Corporation (FDIC) updated the asset–size thresholds used to define “small bank” and “intermediate small bank” under their current...
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U.S. Rep. Andy Barr (R-KY) introduced legislation to amend the unfair, deceptive, acts and practices (UDAAP) authority granted to the Consumer Financial Protection Bureau (CFPB) through the Dodd-Frank...
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On Tuesday, the Consumer Financial Protection Bureau (CFPB) ordered U.S. Bank to pay more than $20 million in penalties for preventing out-of-work consumers from accessing their unemployment benefits ...
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A group of Republican members of Congress are urging the U.S Treasury and its Financial Crimes Enforcement Network (FinCEN) to delay in the implementation of new beneficial ownership reporting require...
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On Thursday, U.S. Sens. Jerry Moran (R-KS) and Joe Manchin (D-WV) re-introduced legislation that would make bank examinations more fair and more transparent. The Fair Audits and Inspections for Re...
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U.S. Sens. Sherrod Brown (D-OH), Raphael Warnock (D-GA), and John Fetterman (D-PA) are encouraging Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra to monitor the risks posed by “bu...
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On Friday, U.S. Rep. Dan Meuser (R-PA) introduced legislation that seeks to increase the crowdfunding exemption so small businesses and startups have more access to capital. The legislation, the A...
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