Regulation

Even though they do not face the immediate prospect of regulation requiring an open-banking policy, American banks should act as if they do.

OMB Director Mick Mulvaney said he would "fix" the CFPB by ensuring it protected consumers without cutting off access to financial services. His comments came as a federal judge declined to rule yet on the legality of Mulvaney's appointment.

Both Mick Mulvaney and Leandra English showed up to lead the agency this morning, but credit union trade associations have only addressed Trump’s appointee.

The former bank CEO is widely expected to continue the recent push to implement a more industry-friendly agenda.

Leadership at the Consumer Financial Protection Bureau is expected to be resolved quickly after a federal court Monday assigned a judge appointed by President Trump to resolve a lawsuit over who will become the agency's acting director.

President Trump’s pick to head the Federal Reserve will face the Senate Banking Committee this week. Here’s what to watch for.

Lora Benrun, CEO of $1.2 billion-asset WESTconsin Credit Union, recently participated in a meeting for the Federal Reserve Board of Governors’ Community Depository Institution Advisory Council in Washington D.C.

The most important policy question facing banking, brokerage and insurance companies is putting a framework in place that very quickly defines data ownership rights across the financial value chain.

President Trump has tapped Office of Management and Budget Director Mick Mulvaney as interim head of the CFPB. He has taken tough stances on the CFPB, its payday lending rule, housing finance reform and other issues pending before the agency.

The Trump administration insisted Saturday that OMB Director Mick Mulvaney was the rightful interim leader of the CFPB, but Democrats said that the appointment was illegal. It remains unclear who is legally in charge.