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Home » Authors » Shannon Clark

Shannon Clark

sclark@imfpubs.com
Articles

ARTICLES

Trump Signs Bill Cutting CFPB’s Funding Mechanism

July 7, 2025
Shannon Clark
After a setback, Senate Republicans successfully approved a measure to cut the CFPB’s funding.
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CHLA Urges CFPB to Act on LO Comp Reforms

July 7, 2025
Shannon Clark
The trade group’s call comes weeks after the CFPB hinted it may look to rescind its loan originator compensation rule.The trade association's new white paper comes weeks after the CFPB hinted it may look to rescind the LO Comp rule altogether.
Read More

Withdrawn CFPB Guidance Could Still Apply, Court Rules

July 7, 2025
Shannon Clark
Other courts could also determine that the CFPB’s withdrawn guidance can still be considered in legal matters, according to attorneys at the law firm of Holland & Knight.
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New York Ramps Up Consumer Protections

July 7, 2025
Shannon Clark
A new legislation in New York expands the enforcement power of the state’s attorney general.
Read More

CFPB Slashes Estimate for Credit Invisible Population

July 7, 2025
Shannon Clark
The CFPB now estimates that only 5.8% of the U.S. adult population in 2010 was without a credit record — a decrease from an 11.0% estimate published by the bureau in 2015.
Read More

Republicans Seek Investigation Into Chopra-Era CFPB

July 7, 2025
Shannon Clark
Republicans on a House subcommittee pointed to the CFPB’s “aggressive” use of civil investigative demands as an example of overreach by the regulator under the leadership of Rohit Chopra.
Read More

CFPB Asks Court to Convert Synapse Bankruptcy to Chapter 7

July 7, 2025
Shannon Clark
The bureau urged the court to convert the bankruptcy case’s filing to allow the regulator to investigate whether Synapse Financial Technologies violated the CFPA, and provide redress to harmed consumers.
Read More

CFPB Employee EEO Complaints Slow in FY2024

July 7, 2025
Shannon Clark
In fiscal year 2024, sex, race and age were the most frequently cited bases of discrimination among equal employment opportunity complaints received by the bureau.
Read More

Other News in Brief

July 7, 2025
Shannon Clark
CFPB issues new policy statement on criminal regulatory offenses; CFPB ends consent order with Navy Federal Credit Union; California’s licensing fees set to increase.
Read More

Popular Stock Trading App Offers Mortgage Discounts to 'Gold' Members

July 7, 2025
Shannon Clark
Robinhood's Tenev said the interest rate on a 30-year fixed-rate mortgage could be 6.11% for Gold members.
Read More
View All Articles by Shannon Clark

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