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The pervasiveness of consumers' credit problems highlights why the Consumer Financial Protection Bureau's upcoming short-term lending rules should avoid unintended consequences.
May 13
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American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.
May 13
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The event took place during the 2015 fiscal year, but was not separately disclosed to Congress until the agency's federally mandated annual report on information security. Even then, the FDIC provided only vague details on what happened.
May 12 -
Advocates for the marijuana industry fanned out across Capitol Hill on Thursday, urging lawmakers to make it easier for pot businesses to be bank customers.
May 12 -
More than seven months after the EMV liability shift, the majority of U.S. retail locations still havent upgraded their payment terminals to accept chip cards, with some small and midsize businesses citing the difficulty of getting their equipment tested and certified by appropriate organizations.
May 12 -
Hackers believed to be working from China accessed the computer systems of top officials at the Federal Deposit Insurance Corp., according to a top House lawmaker investigating the incident.
May 12 -
WASHINGTON Democratic front-runner Hillary Clinton joined congressional Democrats Thursday in calling on the Federal Reserve to take steps to increase the diversity among heads of the regional banks, saying the existing system has disproportionately underrepresented women and minorities.
May 12 -
Small-scale financial services companies such as storefront lenders and local money transmitters which use technology should have a choice of whether they are regulated by a state or federal regime.
May 12
Mercatus Center at George Mason University -
While Donald Trump has successfully dodged laying out clear policy goals, the exchange on Twitter clearly got underneath the New York businessman's skin and may force him to provide a few more specifics ahead of the general election.
May 11 -
The Consumer Financial Protection Bureau has charged a Mississippi company with refusing to disclose check-cashing fees to consumers, deceptively pressuring borrowers into taking out multiple payday loans and keeping overpayments.
May 11
