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The debate over the CFPB's plan to revamp its payday lending regulation should focus on the benefits for borrowers.
August 30Financial Service Centers of America -
In her first four and a half months, Kathy Kraninger met with lawmakers more than twice as often as her predecessor, but her schedule demonstrates willingness to meet with industry and policy stakeholders from various camps.
June 17 -
The industry continues to push for an overhaul of the bureau’s leadership structure, but both parties seem uninterested.
May 30 -
Readers weigh in on the role of the Financial Accounting Standards Board, consider personnel changes at the Consumer Financial Protection Bureau, debate the viability of public banks and more.
May 23 -
All Democrats supported the bill focused on the decisions of former acting CFPB Director Mick Mulvaney, while all Republicans opposed it.
May 23 -
Kristen Donoghue had been one of the agency's few remaining senior enforcement managers hired by former Director Richard Cordray.
May 20 -
The agency launched a review to gauge whether the regulation requiring consumers to opt in to overdraft protection “should be amended or rescinded” to minimize the effects on smaller financial institutions.
May 14 -
Brian Johnson, a Republican political appointee at the CFPB, has been named the agency's deputy director, the No. 2 job behind Director Kathy Kraninger.
May 13 -
The agency launched a review to gauge whether the regulation requiring consumers to opt in to overdraft protection “should be amended or rescinded” to minimize the effects on smaller financial institutions.
May 13 -
The state should overhaul its Department of Business Oversight, but proposals to create a statewide financial protection bureau miss the mark.
May 3California Department of Business Oversight