Podcast: The Fintech Policy Lightning Round

Risk leaders must build relationships, credibility and trust at the bank so their input is valued.

Congress should enact legislation to better define “unfair, deceptive, or abusive acts or practices” to avoid abuses by future regulators, and to fund the CFPB through congressional appropriation to make it more responsive to elected officials, CFPB Acting...

ABA expressed support for the Federal Communications Commission’s draft proposal to strengthen the Robocall Mitigation Database in a letter sent in advance of a vote on issuing the proposal.

The White House has announced a cybersecurity “clearinghouse” that would coordinate scanning for software vulnerabilities and the distribution of vulnerability patches.

The House passed by voice vote bipartisan legislation to implement the phaseout of the penny by providing a framework for cash rounding when exact change cannot be provided.

A proposed bill supported by ABA would require the Small Business Administration to provide and make public more details about 7(a) lending program risks.