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The Consumer Financial Protection Bureau won't require payday lenders to assess borrowers’ ability to repay. American Banker reporter Kate Berry explains why.
January 29 -
With the government functioning again, Congress may finally turn its attention to credit union priorities.
January 28 -
A recent high-profile news story doesn't paint the National Credit Union Administration chairman in a good light, but some in the industry say it could also lead to positive changes on the board.
January 23 -
The company has filed a request with a federal judge in Pennsylvania for a summary judgment in two counts against it, accusing the bureau of failing to provide evidence.
January 18 -
Morris Morgan, previously one of the top large bank supervisors at the OCC, was tapped as senior deputy comptroller and chief operating officer amid a multimillion-dollar effort to revamp the agency.
January 17 -
A federal appeals court ruling that found the leadership structure of the FHFA unconstitutional will face an "en banc" review later this month.
January 16 -
CUNA and NAFCU both issued letters to the National Credit Union Administration suggesting ways federal credit union bylaws could be amended.
January 15 -
Despite the ongoing federal work stoppage, some scheduled activities are still taking place this week in Washington.
January 14 -
Financial institutions of all sizes are offering low- or zero-rate loans, waiving fees and making other arrangements to aid federal workers — a practice that regulators officially blessed on Friday, the 21st day of the closing of many U.S. agencies.
January 11 -
The American Bankers Association has called for an end to the government shutdown, saying it has prevented customers from securing loans and threatens even more damage.
January 11