BankThink

Lenders don't oppose CFPB data collection for small-business loans but favor changes that would minimize unintended consequences for borrowers, a Consumer Bankers Association official writes.

Fraud has evolved to defeat existing federal Customer Identification Program requirements. It’s time for regulators to modernize them.

Federal housing funds are targeted at building more apartments, not promoting homeownership, which is essential to building intergenerational wealth. There's an easy fix lawmakers have long ignored.

The Consumer Financial Protection Bureau must take into account the differences among buy now/pay later lenders. Some — including traditional banks — are more committed to offering responsible financing without late fees or hidden costs.

Banks have supported initiatives aimed at closing the racial equality gap but the industry risks undermining this by fighting new rules to gather demographic data on small-business lending.

The key for bankers to stay safe from mystery shoppers using aggressive techniques — many of whom are well funded by community investment pacts with megabanks — is to adhere to proper lending practices 24/7.

It’s past time for Congress to investigate these transactions at the federal level.

The executive order on cryptocurrencies leaves many important questions unaddressed.

Mutual institutions, long pillars of underserved communities, now face insurmountable barriers to entry.

"The Fed has increasingly appeared disinterested in doing its important, clearly defined job and more interested in doing mine," writes Sen. Cynthia Lummis, R-Wyo., a member of the Senate Banking Committee.