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Lobbyists for the payday loan industry are getting a warmer reception in state capitals in 2018 than they did last year. One of their key arguments is that the federal crackdown on payday loans, which is now on hold, requires a response from the states.
February 1
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The state's banking regulator, Maria Vullo, said in a legal filing that the Tokyo lender's request last year to shift regulators — trading its state license for a federal one — was granted arbitrarily and unlawfully.
February 1
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Three senators have unveiled a bill that would allow captive insurance companies to regain full membership in the Federal Home Loan Bank System.
February 1
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The South Asian nation’s income tax officials had started investigations into transactions at various illegal bitcoin exchanges in December, soon after the country’s central bank cautioned users about potential risks.
February 1
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Appeals court says single director is constitutional; the CFTC is rethinking policies because of bitcoin.
February 1
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Swelling capital levels, tax cuts and changing attitudes about post-crisis regulation could encourage bigger banks to issue the one-time payouts to reward shareholders and better manage their returns.
January 31
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A federal appeals court handed a major victory — and a significant defeat — to the CFPB by upholding its constitutional structure while also slapping down the agency's practice of making new interpretations of law through enforcement actions.
January 31
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Regulatory scrutiny of Tether and Bitfinex is spooking investors, though others argue the industry remains strong.
January 31
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The Consumer Financial Protection Bureau is seeking comment on how it sues companies via an internal process rather than the traditional court system.
January 31
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Top Democrats in the House and Senate sent a letter to Mick Mulvaney on Wednesday questioning his decision to delay the implementation of the Consumer Financial Protection Bureau’s payday loan rule.
January 31
