Next Thursday, Nov. 28 — Thanksgiving Day — marks one year since the Consumer Finance Protection Bureau (CFPB) ordered Bank of America to pay a $12 million penalty for “submitting false mortgage lending information to the federal government.”
The Federal Deposit Insurance Corporation's (FDIC) recent proposal on brokered deposits has come under scrutiny from a coalition of trade associations.
The Wall Street Journal Editorial Board has published an op-ed criticizing the Durbin-Marshall Credit Card Bill, which is being pushed by Senator Dick Durbin.
The Electronic Payments Coalition (EPC) has released new research highlighting the benefits of electronic payments for both small businesses and consumers during Thanksgiving.
The U.S. Senate has passed the bipartisan Working Dog Commemorative Coin Act, a bill that was introduced in the House by Chairman Patrick McHenry and led in the Senate by Senators Ted Budd, Mark Kelly, Thom Tillis, and Tammy Duckworth.
The Federal Deposit Insurance Corporation (FDIC) has proposed changes to its brokered deposits rule, which the Bank Policy Institute (BPI) claims would increase costs and limit product availability for consumers.
Today, the House Financial Services Committee, led by Chairman Patrick McHenry, is conducting a hearing to oversee President Biden's prudential banking regulators.
The Senate Judiciary Committee recently concluded a hearing concerning the Durbin-Marshall Credit Card Bill, which has sparked significant controversy.
House Financial Services Committee Republicans have released their final staff report on the workplace culture at the Federal Deposit Insurance Corporation (FDIC) under Chairman Martin Gruenberg.
The American Bankers Association, America's Credit Unions, and several other financial associations have collectively urged Congress to reject new mandates on credit card regulations.
Washington, D.C. – Senator Tim Scott has urged the Biden administration to halt rulemaking activities and withdraw nominations before the Senate Committee on Banking, Housing, and Urban Affairs.
The Federal Deposit Insurance Corporation (FDIC) has proposed amendments to its regulations under the Change in Bank Control Act (CBCA), which have drawn criticism from the Bank Policy Institute (BPI).
Several banking and credit union associations have jointly urged Congress to reject proposed legislation that would increase federal oversight in the U.S. credit card market.
The American Financial Services Association's (AFSA) State Government Affairs team has published its 2024 Post-Election Report, highlighting significant changes in state-level political power following the recent elections.