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The governors want more regulatory power as federal oversight slips; U.S. and European banks dropped sharply Monday as coronavirus-related problems multiply.
March 17 -
In another sign of state officials trying to outdo the Consumer Financial Protection Bureau, governors in California and New York want greater authority to license and oversee the debt collection industry.
January 16 -
In another sign of state officials trying to outdo the Consumer Financial Protection Bureau, governors in California and New York want greater authority to license and oversee the debt collection industry.
January 15 -
The proposal's aim is to ensure borrowers are treated fairly and would require companies, including CUSOs, to submit licensing applications.
August 30 -
The New York State Department of Financial Services report recommended putting online lenders on a more equal playing field with traditional firms.
July 11 -
On one hand, banks could face regulatory pressure to restrict services to the firearms industry. But banks that take a strong stand also risk the wrath of GOP lawmakers opposed to such restrictions.
April 26 -
The New York State Department of Financial Services is encouraging banks to review ties with the firearms industry.
April 19