Policymaking

The Consumer Financial Protection Bureau proposed further changes Thursday to its final rule on prepaid cards and is seeking public comment on whether to delay implementing it a second time.

The Senate Banking Committee voted Wednesday to approve the nomination of Pam Patenaude to be the deputy secretary of HUD.

The House Financial Services Committee is slated to vote on several bills Wednesday that are designed to make private flood insurance a viable alternative to the National Flood Insurance Program.

Readers chime in on banks being problem-solvers, Jamie Dimon’s ties to Trump, a new mortgage app, CFPB catching heat over the Wells Fargo account scandal, and more.

The agency recently sent a letter to nine banks urging them to stop offering deferred interest cards, arguing that consumers are often unaware of the risks involved.

The Consumer Financial Protection Bureau said banks and other first-party creditors are responsible for the accuracy of information on consumer debts.

HUD secretary Carson tells lawmakers that the FHA's capital ratio is on an "upward trajectory," but he hasn't made a decision on another premium reduction.

Democrats are raising concerns about a Republican push to transfer more of the risk of flood insurance to private insurers.

A GOP House Financial Services Committee report alleges that Consumer Financial Protection Bureau Director Richard Cordray lied about the bureau's investigation into the Wells Fargo scandal.

President Trump's nominee to be the No. 2 at the Department of Housing and Urban Development faced tough questions on a proposed $6 billion cut to the department's budget.