U.S. Reps. Patrick McHenry (R-NC) and James Comer (R-KY) forwarded correspondence last week to Postmaster General Louis DeJoy expressing concerns regarding a United States Postal Service (USPS) pilot ...
Read More
The Consumer Financial Protection Bureau (CFPB) and U.S. Department of Justice (DOJ) took disciplinary action against a bank that they allege discriminated against Black and Hispanic neighborhoods. ...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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,...
Read More
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. ...
Read More
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. ...
Read More
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...
Read More