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President Donald Trump waving to camera
On President Trump’s decision to nominate a relatively obscure OMB official to head the CFPB, possibly in the hopes of keeping acting Director Mick Mulvaney in the position:
U.S. President Donald Trump waves while walking on the South Lawn of the White House after landing in Washington, D.C., U.S., on Thursday, Dec. 21, 2017. Photographer: Andrew Harrer/Bloomberg
Acting CFPB Director Mick Mulvaney
On questions surrounding Trump's the nomination of Kathy Kraninger to head the CFPB:
Mick Mulvaney, acting director of the Consumer Financial Protection Bureau (CFPB), speaks during a Senate Banking, Housing & Urban Affairs Committee hearing in Washington, D.C., U.S., on Thursday, April 12, 2018. Senator Elizabeth Warren clashed with Mulvaney, accusing the former GOP congressman of putting politics ahead of protecting consumers. Photographer: Toya Sarno Jordan/Bloomberg
Joseph Otting
A response to Comptroller of the Currency Joseph Otting recently saying he has “never personally observed” discrimination in banking:
Joseph Otting, comptroller of the U.S. currency, speaks after being sworn-in during a ceremony at the U.S. Treasury in Washington, D.C., U.S., on Monday, Nov. 27, 2017. Otting, a former OneWest Bank Group chief executive officer, won Senate approval this month to lead a key U.S. bank regulator, further clearing the way for the Trump administration to roll back Wall Street regulations. Photographer: Andrew Harrer/Bloomberg
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On a state regulator arguing it will apply the same rigor to consumer protection regardless of what changes occur at the CFPB:
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On the House Financial Services Committee setting aside a vote on a bill designed to ease anti-money-laundering requirements when lawmakers balked over the exclusion of new shell-company restrictions:
Knowledge gaps
On calls to hire people without banking experience to get fresh thinking:
Problem and Solution
Avocado toast
On U.S. Bank expecting its robo adviser tool to appeal to customers of all ages, not just millennials:
Healthy Homemade Avocado Toast with Salt and Feta