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During the past year, many have hoped for action from Washington that would alleviate regulatory burden and stem the rapid pace of consolidation. But in the current political environment, that appears increasingly unlikely.
November 12 -
Readers weigh in on a blockchain-based credit bureau, react to the CFPB’s arbitration rule and chime in on calls to invest more in women.
November 3 -
Rule that would have made it easier for banks to be sued is repealed; a survey says the technology isn’t a priority for bank CIOs.
November 2 -
With little fanfare, President Trump officially nixed the rule prohibiting financial firms from including mandatory arbitration clauses, earning praise from credit union trade groups.
November 1 -
With little fanfare, President Trump officially nixed the rule prohibiting financial firms from including mandatory arbitration clauses.
November 1 -
Political stalemates have convinced many executives that relief will only come when agency leaderships turn over.
October 31 -
American Banker reporter Kate Berry explains the Senate's vote on arbitration and what the CFPB might do next.
October 31 -
CFPB Director Richard Cordray sent a letter to President Trump Monday asking him to veto a Republican resolution to nullify the bureau's arbitration rule.
October 30 -
Small banks targeted a handful of GOP senators; bank may lose more than $450 million, mainly due to its Puerto Rico auto finance unit.
October 27 -
The stunning defeat of the Consumer Financial Protection Bureau's arbitration rule didn't have to happen, according to critics and former agency officials.
October 26