Of Deadlocks and a Divided Court
The possibility of a 4-4 deadlock hangs over three cases with repercussions for the banking industry when the Court convenes...
Legal
Court Tightens Reins on CFPB Director’s Authority
The Consumer Financial Protection Bureau’s leadership structure -- a single powerful director who cannot be removed at will by the...
OCC Proposes Receivership Framework for Uninsured National Banks
In an effort to enhance its ability to grant new limited purpose charters, the OCC is issuing a proposed rule...
Data Theft Damages: Who Pays?
When it comes to data breaches, the hack of the archaic Myspace—the failed social media platform that was rendered obsolete...
Inclusive Communities Lawsuit Dismissed by District Court
The case that generated last summer’s Supreme Court decision allowing disparate impact cases to be brought under the Fair Housing...
Wells Fargo, B of A File Briefs in City of Miami Fair Housing Case
Wells Fargo and Bank of America on Monday filed briefs with the Supreme Court in a lawsuit brought by the...
ABA: Proposed Arbitration Rule Not in Public Interest
ABA and other trade groups today urged the Consumer Financial Protection Bureau not to move forward with its proposed rule...
Under Criticism, FDIC Amends Exam Appeals Process
The FDIC board today voted to propose amendments to its supervisory guidelines that would expand banks’ rights to appeal exam...
Court Rejects Agreed-Upon Settlement in Visa, MasterCard Case
An appellate court today rejected the settlement in which Visa, MasterCard and credit card-issuing major banks agreed to pay $6.05...
SCOTUS to Review City of Miami Fair Housing Case
The Supreme Court on Monday agreed to review a case involving a lawsuit brought by the City of Miami against...
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