U.S. Sens. Elizabeth Warren (D-MA) and Ben Ray Luján (D-NM) recently forwarded correspondence to U.S. Department of Justice (DOJ) personnel, encouraging the agency to use authority to ban corporation...
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The Consumer Financial Protection Bureau (CFPB) recently confirmed in a circular that financial companies might violate federal consumer financial protection law when failing to safeguard consumer dat...
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U.S. Sens. Elizabeth Warren (D-MA), Dick Durbin (D-IL), Sheldon Whitehouse (D-RI), and Bernie Sanders (I-VT) recently forwarded correspondence to the Office of the Comptroller of the Currency Acting C...
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The Consumer Financial Protection Bureau (CFPB) has issued an interpretive rule detailing when financial firm digital marketing providers must comply with federal consumer financial protection law. ...
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The Federal Housing Finance Agency (FHFA) notes that Fannie Mae and Freddie Mac will require mortgage lenders and servicers to transmit fair lending information to servicers with other loan informatio...
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U.S. Rep. Eleanor Holmes Norton (D-DC) has introduced a bill she said provides greater transparency with regard to 501(c)(4) organizations. Norton indicated the Increased Transparency in 501(c)(4) ...
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U.S. Rep. Maxine Waters (D-CA), as chairwoman of the U.S. House Financial Services Committee, is leading 76 Democrats in urging federal banking regulators to put an end to the practice of “modern da...
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The Securities and Exchange Commission (SEC) this week proposed new rules that seek to improve the overall governance at registered clearing agencies and reduce conflicts of interest. Specifically,...
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U.S. Sen. Sherrod Brown (D-OH) is urging key insurance industry leaders to consider the growing role of private equity in the insurance industry. Brown recently sent letters to the leaders of the ...
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A trio of lawmakers have forwarded correspondence to Equifax, noting concerns regarding alleged issues within the consumer credit reporting company's credit scoring system. Sens. Elizabeth Warren (...
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