Law and legal issues

If the court agrees to hear the case, its conservative majority could make it easier for a president to fire a CFPB director, though other outcomes are possible.

The agency's director told congressional leaders and staff that she backs a Supreme Court challenge to the bureau's leadership structure.

The bank is adding senior tech executives from Amazon and Verizon as partners; bank allegedly inflated prices and overcharged investors for mortgage bonds.

The CEOs of Sallie Mae and Discover Financial Services were largely dismissive this week of the threat posed by the two Democratic presidential candidates, though their optimism seemed to be rooted in an assumption that the more sweeping proposals will never become law.

The Supreme Court may be closer to examining a key restraint on a president's ability to change CFPB leadership.

When the former vice president and Massachusetts senator appear together in Houston, they could present two contrasting visions of financial policy within the presidential field.

The former Fox News host told credit union leaders they risk becoming a casualty of the #MeToo movement if they fail to update their sexual harassment guidelines.

Public orders are an effective way to discourage violations of consumer protection law, the bureau's director said at a credit union conference.

Prosecutors are investigating the involvement of Ashton Ryan and another executive in the New Orleans bank's 2017 collapse, a federal judge recently wrote in a decision on a related matter.

With legal questions still lingering, the regulator said it will begin accepting applications from credit unions looking to take advantage of its revised field of membership rule but did not specify when it would take action on those submissions.

Consumer Financial Protection Bureau Directors Kathy Kraninger is under pressure to ask a federal judge to lift a stay that has kept the agency's short-term-lending rule from going into effect.

The case of a pastor wrongly-accused by Wells Fargo has mandatory arbitration back in the spotlight; JPMorgan started buying securities long before talk about rate cuts; more banks are turning to M&A to acquire talent; and more from this week's most-read stories.

Alan Kaufman was one of six individuals in August to be barred from having any dealings with the affairs of a federally insured financial institution.

An appeals court said that Marietta, Ga.-based institution's overdraft agreements were "ambiguous" and now the case might be settled at a trial.

A pastor who was falsely arrested for check fraud because of errors made by Wells Fargo employees may be forced to resolve legal claims against the bank in arbitration. The case renews questions about banks' use of the process.

Two Michigan credit unions were sued by an individual who claimed their websites didn't comply with the Americans with Disabilities Act.

Banks are expected to appeal last week’s field of membership ruling, but credit unions must also explain why part of their new rule doesn't discriminate.

Nearly three years after NCUA passed the rule, credit unions are ready to broaden their reach, but the possibility of an appeal to the Supreme Court may put those efforts on hold.

A panel of federal appeals court judges reversed a district court’s decision on NCUA’s controversial field-of-membership rule, but saw merit in bankers’ claims of potential redlining.

The Granite State’s highest court upheld a lower court’s ruling in a suit claiming the banking trade groups had defamed the patent firm.