Policy & Regulation

As the CFPB moves closer to updating its debt collection regulations, revising restrictions on phone calls and other communications with consumers must be a priority.

Val Mindak, who has led Park City Credit Union for a decade, will help advise Minneapolis Fed President Neel Kashkari.

CEO Solomon says the bank has not yet begun discussions with DOJ about its role in the scandal; the $1 billion buyback would be its first in 20 years.

The suit seeks to block the banks from complying with congressional subpoenas targeting the president’s bank records, escalating his showdown with Democratic lawmakers investigating his finances.

Director Kathy Kraninger said the agency will emphasize a confidential supervisory process instead of just doling out public enforcement actions. But skeptics worry this will let companies escape punishment.

Rachel Bryant specializes in risk management, and she applies that framework not only to her job duties, but also to her career path.

Bank critics and some lawmakers quickly seized on a tone-deaf posting by JPMorgan Chase that was designed to tout the virtues of saving money.

The debt collection proposal is expected to address how debt collectors can use text messages and emails to track down debtors.

Congress has returned from its two-week vacation with plans to debate a number of issues important to the credit union industry.

Banks need to ensure those building new business are driven to look for evidence of illegal activity.