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The Senate Banking Committee will have six fresh faces in the new Congress as Republicans grapple with a slimmer majority.

The Senate Banking Committee will have six fresh faces in the new Congress as Republicans grapple with a slimmer majority.

In an enforcement action totaling more than $23 million in fines and restitution, the Consumer Financial Protection Bureau found that TransUnion and Equifax – two of the largest consumer credit reporting agencies – had misled consumers on the value of the data they marketed.

In an enforcement action totaling more than $23 million in fines and restitution, the Consumer Financial Protection Bureau found that TransUnion and Equifax – two of the largest consumer credit reporting agencies – had misled consumers on the value of the data they marketed.

The acquisition is one of several mergers PenFed has made in the last year.

The bank's new CEO, Onur Genc, fresh from Turkey, will have to find a way to leverage the considerable tech and innovation investments the bank has made and strengthen the brand's U.S. presence.

Both banks and fintech firms have a lot of questions about the Office of the Comptroller of the Currency's proposed new charter, including exactly how the agency will ensure nonbanks don't get a leg up on bank competitors.

Credit Union Resources announced that Richfield-Bloomington Credit Union of Bloomington, Minn. has named Gregory Worthen as its new president and CEO, effective Tuesday.

CUNA and NAFCU are pushing for massive changes to the Consumer Financial Protection Bureau in 2017, along with reg reform and protecting recent changes to NCUA rules that seek to expand how credit unions do business.

Shivan Govindan, chairman of First NBC Bank in New Orleans, has taken on the task of salvaging a bank that is reeling from accounting issues and a substantial capital requirement from regulators.