Lawmaker Fears Unfair Fintech Biz Lending Practices
Rep. Emanuel Cleaver, D-Mo., said that he fears that some fintech companies are discriminating against minorities and taking advantage of borrowers.
Trump Endorses Provisions of Choice Act, May Push for More
The Trump administration made it clear that it considers the legislation as only the first step toward overhauling Dodd-Frank.
Voters Favor Increased Regulation of Financial Institutions: Poll
A new poll reveals half of voters are in favor of more regulation for banks, credit unions and other financial institutions.
Hensarling’s Dodd-Frank Do-Over Guts CFPB, Memo Reveals
“The Hensarling proposal would transform the bureau from an effective watchdog into a toy poodle,” Sen. Sherrod Brown said of the Choice Act.
Hensarling to Trump: Fire Cordray Now
The House Financial Services chair asks President Trump to immediately remove the CFPB director.
Trump Appoints CFPB Critic; Sen. Warren Rallies Support for Agency
Kyle Hauptman, an ardent critic of the CFPB, will be a part of Trump’s transition team for the agency.
CFPB’s Cordray Shouldn’t Be Fired, He Should Quit: Senate Banking Chair
Earlier GOP calls to fire Richard Cordray were met with warnings about the potential for a costly lawsuit.
Trump Must Fire CFPB’s Cordray: Republican Senators
Two Republican senators, citing the CFPB’s “unconstitutional structure,” ask President-elect Trump to fire Director Richard Cordray.
Dodd-Frank Critic to Chair House Financial Institutions Panel
Rep. Blaine Luetkemeyer was a cosponsor of the Financial CHOICE Act during the last Congress.
Court Ruling Likely to Increase CFPB Accountability
Experts sorting through what the future looks like for the CFPB.