The Consumer Financial Protection Bureau is revisiting several rules as it considers whether they impose “unnecessary burden or restrict consumer choice,” Acting Director Mick Mulvaney told the House Financial Services Committee today.
In a semi-annual report to Congress released today, Consumer Financial Protection Bureau Acting Director Mick Mulvaney called on Congress to make four changes to the Dodd-Frank Act that would “establish meaningful accountability for the bureau.”
On the latest episode of the ABA Banking Journal Podcast, three top ABA leaders break down the Senate passage of S. 2155, the bipartisan regulatory reform bill passed last night, and explore both what’s in the bill and the path ahead for the legislation.
The Consumer Financial Protection Bureau’s Consumer Advisory Board will hold two subcommittee calls in the coming weeks, both of which are open to the public.
The House tonight passed an ABA-backed bill that would ease reporting burdens associated with the expanded Home Mortgage Disclosure Act data collection.
ABA compliance experts break down what bankers can expect in 2018.
The American Bankers Association today wrote to members of the House Financial Services Committee in support of several bills scheduled for consideration tomorrow.
In a major win for the industry, the Consumer Financial Protection Bureau announced today that it will not assess penalties with respect to errors in Home Mortgage Disclosure Act data collected in 2018 and reported in 2019, and will not require banks to resubmit data for that period unless errors are found to be material.
New regulations and recent data breaches have elevated banks’ concerns about risk management, according to the Regulatory and Risk Management study by Wolters Kluwer released today.