Brandon Milhorn, president and CEO of the Conference of State Bank Supervisors, said technology can completely change how state examinations are conducted.
Federal agencies warned that lending to non-work-authorized individuals presents elevated credit risks because their ability to generate income and maintain employment may be subject to greater uncertainty.
Former CFPB enforcement leaders launch law firm; Democrats question CFPB complaint portal changes; New California agency led by former CFPB Director Rohit Chopra launches.
If enacted, the Fair Credit Reporting Reseller Accuracy Act would ensure that credit report resellers report data to the “maximum accuracy possible.” The bill has bipartisan support.
Sen. Elizabeth Warren, D-MA, wants to know whether Brian Johnson, CFPB director nominee and an executive at Capital One, had a role in the bureau’s decision last year to drop its lawsuit against the bank.
Two-factor authentication is one of the new requirements for consumers to be able to submit complaints with the CFPB; will consumers go through the trouble?