The Consumer Financial Protection Bureau (CFPB) is seeking information on the business practices of large technology companies operating payments systems. As online commerce and electronic payment...
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A new report from the federal Financial Stability Oversight Council (FSOC) has identified climate change as an emerging and increasing threat to U.S. financial stability. The report includes sever...
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Federal Reserve Board officials said the panel's Survey of Finance Companies slated this month will aid in assessing nationwide credit availability to households and businesses. "These data improve...
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A group of Democratic lawmakers introduced a bill in Congress that seeks to reform the private equity industry. The Stop Wall Street Looting Act would reform private equity in several ways. Specifi...
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U.S. Sen. Sherrod Brown (D-OH) is urging the new head of the Consumer Financial Protection Bureau (CFPB), Rohit Chopra, to review the tenant screening industry to protect renters. In April, Brown,...
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Washington State Insurance Commissioner Mike Kreidler is targeting Jan. 1, 2022, as the effective date for a permanent rule temporarily banning credit scores for insurance policies for three years. ...
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Federal Housing Finance Agency (FHFA) officials said the agency has initiated a pair of measures designed to bolster nationwide mortgage borrower housing sustainability and affordability nationwide. ...
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Credit Suisse Group AG has agreed to pay nearly $475 million to U.S. and UK authorities, including $100 million to the U.S. Securities and Exchange Commission (SEC), to resolve charges in connection w...
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A group of lawmakers expressed support of a measure countering potential new Internal Revenue Service (IRS) reporting requirements for banks or other financial institutions as part of a surveillance i...
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The Independent Community Bankers of America (ICBA) issued a statement opposed to a recent proposal by the Internal Revenue Service that would alter tax reporting requirements. “While policymake...
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