Title: Prohibition on Inclusion of Adverse Information in Consumer Reporting in Cases of Human Trafficking (Regulation V) Subject: Credit reporting Agency: CFPB Status: Final rule Summary: The Consumer Financial Protection Bureau (Bureau) is amending Regulation […]
The four members of a team of undergraduate students from a Virginia university are the winners of the annual academic challenge hosted by the federal insurer of bank deposits, focusing on the impact of the […]
People of color were newly hired in more than two out of every five times (42.4%) by the federal credit union regulator in 2021, the agency said in issuing its annual diversity report to Congress […]
Consumer Advisory Council (CAC) membership applications are now being taken by the Federal Reserve, the agency said Monday. The Fed’s CAC, which advises the agency on issues affecting consumers and communities, is composed of “a […]
Core services providers that small players in financial services – such as community banks and credit unions – rely upon have too much power in the system, the director of the consumer financial protection agency […]
The national bank regulator in a speech Friday stressed the need to establish an intentional architecture for stablecoins that will help protect people, the dollar, and “reflect our values,” and he outlined three preliminary factors […]
Digital assets policy by the federal government should ensure responsible innovation of the financial vehicles that works for all Americans, protects national security and the planet, and contributes to economic competitiveness and growth, the Treasury […]
An update on preliminary work performed in response to President Joe Biden’s (D) executive order on development of digital assets, including the progress of a report, was presented to members of the Financial Stability Oversight […]
Survivors of human trafficking would no longer be subject to negative credit reporting under a proposal unveiled Thursday by the federal consumer financial protection agency. Under the proposed rule, consumer reporting agencies (CRAs) would be […]
A former employee of Goldman, Sachs & Co. (New York) who is said to have disclosed confidential supervisory information is permanently barred from any future involvement in the affairs of any federally insured depository institution, […]
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