Browsing: Military banking

Policy ABA opposes adding Durbin-Marshall to defense bill

Sens. Richard Durbin (D-Ill.) and Roger Marshall (R-Kan.) last week filed an amendment that would add the ABA-opposed S. 4674 to the upcoming National Defense Authorization Act, which is scheduled for consideration later this month.

Compliance and Risk

In a reversal of existing policy, the Consumer Financial Protection Bureau today issued an interpretive rule stating that it has statutory authority to conduct Military Lending Act supervision activities, and signaled that it will resume MLA examinations.

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