Fed Pays $54.9 Billion to Treasury
The Federal Reserve System paid $54.9 billion out of its annual net income to the U.S. Treasury in 2019, according ...
Tag: CFPB reform
CFPB Director Highlights Benefits of AI to Expand Credit Access
The Consumer Financial Protection Bureau wants to spur innovation in the use of artificial intelligence and machine learning in financial ...
ABA Applauds CFPB’s Plan to Invite Public Comment on Disclosure Testing
In a comment letter on Monday, the American Bankers Association commended the Consumer Financial Protection Bureau for its decision to ...
Supreme Court to Review Constitutionality of CFPB Leadership Structure
The Supreme Court today said it would review the constitutionality of the Consumer Financial Protection Bureau’s single powerful director, who ...
CFPB Names New Members to Community Bank Advisory Council
The Consumer Financial Protection Bureau today announced the appointment of new members to its Community Bank Advisory Council.
CFPB to Make ABA-Advocated Changes to Complaint Database
The Consumer Financial Protection Bureau will continue to publish a database of consumer complaints, but it will make several key ...
Report: CFPB Will Not Defend Its Leadership Structure in Court
The Consumer Financial Protection Bureau will not defend the constitutionality of its leadership structure—with a single powerful director who can ...
Kraninger Outlines Supervisory Burden Reduction Efforts at ABA RCC
The federal banking agencies are working to reduce excessive supervisory burdens through automation and shared data submission, Consumer Financial Protection ...
A Community Banker’s Voice at the CFPB
On the latest episode of the ABA Banking Journal Podcast, Minnesota community bank CEO Bryan Bruns talks about what community ...
CFPB Pledges More Transparency in Civil Investigative Demands
The Consumer Financial Protection Bureau today announced that it will change its policy on civil investigative demands to improve transparency.
