CFPB Updates Reg Z Dollar Thresholds

The Consumer Financial Protection Bureau today announced 2017 changes in dollar thresholds for several Regulation Z provisions governed by the CARD Act, the Home Ownership and Equity Protection Act and the Dodd-Frank Act.

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Crapo, Tester Call for Simplified Capital, Reporting Requirements

In a letter to Federal Reserve Chair Janet Yellen yesterday, Sens. Mike Crapo (R- Idaho) and Jon Tester (D-Mont.) called for regulators to provide simpler capital rules and reporting requirements for community banks through the Economic Growth and Regulatory Paperwork Reductions Act process, a decennial review now winding down.

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