The CFPB drops its case against payment app Zelle, in another sign of a Trump pivotThe CFPB has dropped its lawsuit against Zelle and its parent banks, signaling a retreat from consumer protection enforcement.
FDIC announces rule forcing banks to keep fintech customer data in aftermath of Synapse debacleFDIC proposes new rule for better financial record-keeping by banks for fintech accounts after Synapse collapse.
Elizabeth Warren Fights to Defend the Consumer Protection Agency She Helped CreateElizabeth Warren advocates strongly for consumer protection, emphasizing the importance of the C.F.P.B. amid recent threats to its existence.
The CFPB drops its case against payment app Zelle, in another sign of a Trump pivotThe CFPB has dropped its lawsuit against Zelle and its parent banks, signaling a retreat from consumer protection enforcement.
FDIC announces rule forcing banks to keep fintech customer data in aftermath of Synapse debacleFDIC proposes new rule for better financial record-keeping by banks for fintech accounts after Synapse collapse.
Elizabeth Warren Fights to Defend the Consumer Protection Agency She Helped CreateElizabeth Warren advocates strongly for consumer protection, emphasizing the importance of the C.F.P.B. amid recent threats to its existence.
Trump reportedly explores overhaul of banking regulatorsTrump's transition team is considering significant structural changes to bank regulations that may affect the mortgage market.
Overdraft fees would be slashed under new Biden administration rule. What you need to knowThe new overdraft fee rule by CFPB could significantly lower the fees consumers face starting October 1.
LoanSnap loses mortgage lender license in ConnecticutLoanSnap's mortgage lender license in Connecticut was revoked due to mismanagement and legal issues, highlighting the company's significant financial and operational troubles.
Fed vice-chair Michael Barr cuts proposed capital requirements for giant banks in halfMichael Barr proposed significant changes to capital requirements for banks, reducing the original proposal's increase and exempting medium-sized banks from certain requirements.
Common sense has prevailed' as Basel Endgame proposal will be revisedThe Basel III Endgame proposal is undergoing revisions to balance capital requirement benefits and costs for large banks, responding to stakeholder feedback.
Fed vice-chair Michael Barr cuts proposed capital requirements for giant banks in halfMichael Barr proposed significant changes to capital requirements for banks, reducing the original proposal's increase and exempting medium-sized banks from certain requirements.
Common sense has prevailed' as Basel Endgame proposal will be revisedThe Basel III Endgame proposal is undergoing revisions to balance capital requirement benefits and costs for large banks, responding to stakeholder feedback.