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Democratic lawmakers, including Sen. Elizabeth Warren and Rep. Maxine Waters, are asking regulators for more detail on a recent settlement with mortgage servicers that halted an independent foreclosure review started last spring.
January 31 -
White's determination to succeed and legal competence will make her the most formidable chair of the Securities and Exchange Commission yet.
January 31
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Sens. Johanns, Alexander and Cornyn are backing a bill that would stop CFPB funding for carrying out any actions that require a confirmed bureau director, in the wake of a controversial court ruling.
January 31 -
Comptroller of the Currency Thomas Curry believes regulatory cooperation between examiners is key to navigating the division of responsibilities that the Dodd-Frank Act made to bank regulation.
January 31 -
MasterCard continues to ride the plastic wave in worldwide payments. The Purchase, N.Y., company on Jan. 31 reported fourth-quarter net income of $605 million, driven in large part by growing use of its credit and debit cards outside of the United States.
January 31 -
Elizabeth Warren, the new senator from Massachusetts and the CFPB's founder, is uniquely positioned to cut a deal on the agency's structure, a move that could pave the way to confirm Richard Cordray as head of the agency and remove legal uncertainty surrounding its powers.
January 31 -
The Merchant Advisory Group is calling for a shift in deadlines for EMV acceptance in the U.S. — one extra month for every month the payments industry fails to find a common code for handling EMV debit transactions.
January 31 -
The Consumer Financial Protection Bureau has named Steve Antonakes as acting deputy director following the departure of Raj Date from that position on Thursday.
January 31 -
The Consumer Financial Protection Bureau said Thursday it has launched an inquiry into a wide range of banking products offered at college campuses.
January 31 -
The nomination of attorney Mary Jo White as SEC chairman and renomination of Richard Cordray as CFPB director indicate the White House's stance on key banking issues will create new challenges for financial institutions.
January 31
