Chopra removed as CFPB director
President Trump has removed Rohit Chopra as director of the CFPB, Chopra announced on his X account. The White House ...
Tag: Regulatory burden
ABA Chair Asbury discusses credit unions, bank regulation in interview
Credit unions that compete with banks — and especially those that buy banks — should pay taxes, ABA Chair John ...
White House orders review of regulations affecting crypto sector
President Trump issued an executive order creating a new working group to review regulation of the crypto asset sector and ...
ABA backs bill to promote new bank creation
ABA endorsed legislation to spur the creation of new banks by easing federal capital requirements during their first few years ...
FDIC’s Hill outlines agency priorities in Trump administration
Acting Chairman Travis Hill promised to ditch recent changes to the FDIC’s process for reviewing proposed bank mergers and to ...
Trump names acting leadership at Treasury, FDIC, other agencies
Travis Hill will be acting FDIC chairman; David Lebryk will lead Treasury until Scott Bessent's confirmation.
A new front for the Trump administration in the war on inflation
Indexing regulatory thresholds to inflation by default can keep expenses down for businesses — and their clients.
Treasury Secretary nominee pressed on bank regulation, credit card fees
During a confirmation hearing, Bessent called for less regulation on banks and criticized credit card companies, although he stopped short ...
CFPB urges states to ban ‘junk fees,’ revamp consumer protection laws
As part of a last-minute flurry of rulemaking and guidance, the CFPB released a report recommending states “strengthen” consumer protections ...
Scott unveils Senate Banking Committee priorities
Senate Banking Committee Chairman Tim Scott (R-S.C.) unveiled his list of committee priorities for the 119th Congress, which include re-examining ...
