Kate Berry has covered the Consumer Financial Protection Bureau for American Banker since 2016. She joined the publication in 2006 covering mortgage lending and the financial crisis. Berry also has covered big banks including Bank of America, J.P. Morgan Chase and Wells Fargo. She has won five awards from the Society of American Business Writers and Editors, and has worked at several news organizations including the Orange County Register, the Los Angeles Business Journal and the Associated Press. Berry began her career as a clerk at the New York Times.
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Should Joseph Otting be appointed comptroller of the currency, it would be a crucial step in the new administration’s deregulatory efforts.
By Lalita Clozel and Kate BerryMarch 22 -
A district court judge on Friday dealt a blow to the Consumer Financial Protection Bureau by saying the agency failed to present enough facts in its case against Intercept Corp.
By Kate BerryMarch 17 -
The Justice Department told a federal appeals court on Friday that President Trump should have the authority to fire the head of the Consumer Financial Protection Bureau.
By Kate BerryMarch 17 -
Nationstar Mortgage agreed on Wednesday to pay $1.75 million to the Consumer Financial Protection Bureau for failing to accurately report home mortgage data that is used to identify discrimination.
By Kate BerryMarch 15 -
Republicans repeatedly claim that the Dodd-Frank Act has hurt consumers by raising costs and hampering credit availability. But the data doesn't back that up.
By Kate BerryMarch 10 -
The Consumer Financial Protection Bureau said Thursday that it will delay the effective date of its final rule on prepaid cards by six months because industry participants need more time to comply.
By Kate BerryMarch 9 - Finance and investment-related court cases
The Justice Department plans to defend President Trump's executive authority by siding with PHH Corp. in the mortgage lender's controversial case alleging the Consumer Financial Protection Bureau is unconstitutional.
By Kate BerryMarch 6 -
Republicans have opened multiple fronts against the agency, undertaking separate efforts to cut its funding, roll back past and future rules, and make far broader changes.
By Kate Berry and Ian McKendryMarch 3 -
Billionaire investor Warren Buffett said Wells Fargo made "a huge mistake" in the way it handled the phony-accounts scandal, and he laid the blame more forcefully than ever on former Wells CEO John Stumpf.
By Kate BerryFebruary 28 - Finance and investment-related court cases
The Consumer Financial Protection Bureau faces its first jury trial in April in a case that could test whether the embattled agency is overstepping its authority and if it can engage in what critics see as Operation Choke Point-style tactics.
By Kate BerryFebruary 22 - Finance and investment-related court cases
The Consumer Financial Protection Bureau's temporary legal victory on Thursday has lowered the odds that President Trump will seek to remove the agency's director, Richard Cordray, despite repeated calls by prominent Republicans for his ouster.
By Kate BerryFebruary 17 - Finance and investment-related court cases
A federal appeals court agreed Thursday to hear an appeal by the Consumer Financial Protection Bureau challenging a ruling last year that its single-director structure is unconstitutional, a victory for the embattled agency.
By Kate BerryFebruary 16 -
The Consumer Financial Protection Bureau is seeking feedback on the benefits and risks of using alternative data sources, such as rent or utility payments, that would allow lenders to build a credit history for unbanked consumers.
By Kate BerryFebruary 16 -
Purported revisions to House Republicans' Dodd-Frank rollback bill raised immediate questions about the GOP's strategy, since the provisions — which were more extreme than when the bill was unveiled last year — promptly sparked Democratic opposition.
February 9 -
A House plan to provide regulatory relief will be more far-reaching when it is reintroduced soon by rendering the consumer protection agency toothless and providing banks with extra incentives to opt into a deregulatory plan.
February 9 -
Some experts say President Trump is being advised to hold off on firing CFPB Director Richard Cordray to get the Supreme Court to rule on the extent of the president's executive powers.
By Kate BerryFebruary 8 -
The Consumer Financial Protection Bureau and the New York attorney general filed a lawsuit Tuesday against a New Jersey law firm and its owner for allegedly luring 9/11 first responders and football players with brain injuries into taking out loans with high interest rates as advances on settlements.
By Kate BerryFebruary 7 -
A federal appeals court on Thursday denied efforts by 16 Democratic attorneys general, several consumer groups and two Democratic lawmakers to defend the CFPB in a critical case.
By Kate BerryFebruary 2 -
The Consumer Financial Protection Bureau on Wednesday ordered Mastercard and the prepaid debit card company UniRush to pay $13 million in restitution and fines for a service breakdown in October 2015 that left thousands of customers without access to their accounts.
By Kate BerryFebruary 1 -
The Consumer Financial Protection Bureau hit Prospect Mortgage with a $3.5 million fine for illegally paying kickbacks to two real estate brokers and a mortgage servicer.
By Kate BerryJanuary 31















