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Rohit Chopra: FDIC Should Review More Changes in Bank Control
PYMNTS.com· 5 days agoThe Federal Deposit Insurance Corp. (FDIC) should change its rules to ensure that it reviews any...
Proposed update to FDIC’s Change in Bank Control Act fails to advance
Compliance Week· 2 days agoThe draft proposal, put forward Thursday by Rohit Chopra, director of the Consumer Financial...
FDIC tables asset manager proposal
Banking Dive via Yahoo Finance· 4 days agoMcKernan, with support from FDIC Vice Chairman Travis Hill, proposed that the regulator set up and run a compliance...
CFPB Head Wary of Big Credit Card Mergers
PYMNTS.com· 6 days agoAmerica’s leading consumer finance watchdog is skeptical about giant mergers between credit card companies. Consumer Financial Protection Bureau (CFPB)...
CFPB and DOT Hosting Joint Hearing on Credit Card and Airline Rewards Programs | JD Supra
JD Supra· 1 day agoIn furtherance of the Biden Administration’s “junk fee” agenda, on Thursday, May 9, 2024, the Consumer Financial Protection Bureau and the U.S....
15 million Americans have medical bills on credit reports: CFPB
Retail Banker International via Yahoo Finance· 18 hours ago“Findings from our latest research reveal the impact of these changes and the need for further...
CFPB: Medical Bills Plague Lower-Income Americans
PYMNTS.com· 23 hours agoNew government data shows 15 million Americans still have medical bills on their credit reports. Collectively, these Americans have more than $49 billion...
US regulator pauses plans to scrutinize asset manager stakes in banks
MSN News· 5 days agoBy Pete Schroeder WASHINGTON (Reuters) -A top U.S. bank regulator on Thursday shelved a vote to...
‘Down to the Wire’: Savers Have Just Days to Lock in I Bond Rates Before They Fall
The State· 4 days agoExperts say the government savings bonds still offer attractive rates for long-term savers, especially if the goal is to beat soaring prices. Right now, I bonds boast a 5.27% interest rate, ...
CFPB Targets Mortgage Servicer 'Junk Fees'
PYMNTS.com· 6 days agoThe CFPB is targeting “junk fees” by mortgage servicers, the companies responsible for processing mortgage payments.