bank regulation

Court Battle Could Reshape Consumer Financial Data Landscape

Court Battle Could Reshape Consumer Financial Data Landscape
Court Battle Could Reshape Consumer Financial Data Landscape
February 12, 2025  |  Bank Regulation

The fight over the CFPB’s status and, in particular, the future of Open Banking Rule 1033 is on. A Washington, D.C.-based trade group, the Financial...

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Trump Names New CFPB Head Amid Regulatory ‘Limbo’
Trump Names New CFPB Head Amid Regulatory ‘Limbo’
February 12, 2025  |  CFPB

President Trump has named a new CFPB director while the agency faces an uncertain future. Get the Full Story Complete the form to unlock this...

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White House Weighs Folding FDIC Into Other Agencies
White House Weighs Folding FDIC Into Other Agencies
February 12, 2025  |  Legal & Regulation

The Trump administration is reportedly considering plans to shrink one of America’s banking regulation bodies. Get the Full Story Complete the form to unlock this...

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Banking Sector Vet Rodney Hood Named Acting OCC Head
Banking Sector Vet Rodney Hood Named Acting OCC Head
February 09, 2025  |  Bank Regulation

One of America’s main financial regulators has a new acting director. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Capitol Hill Hearing Pushes for ‘Rational’ Community Banking Regulation
Capitol Hill Hearing Pushes for ‘Rational’ Community Banking Regulation
February 05, 2025  |  Bank Regulation

Beware the dangers of regulatory “overreach” and a one-size-fits-all approach to community banking oversight, several industry participants testified at a Capitol Hill hearing Wednesday (Feb....

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CFPB Director Chopra Fired by Trump
CFPB Director Chopra Fired by Trump
February 02, 2025  |  CFPB

Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra was fired by President Donald Trump on Saturday (Feb. 1) morning. Get the Full Story Complete the...

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CFPB Terminates 2022 Consent Order Against Wells Fargo
CFPB Terminates 2022 Consent Order Against Wells Fargo
January 28, 2025  |  Bank Regulation

Wells Fargo has announced the termination of its 2022 consent order with the Consumer Financial Protection Bureau (CFPB) related to automobile lending, consumer deposit accounts...

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UK’s FCA Charts Path From Open Banking to ‘Open Finance’
UK’s FCA Charts Path From Open Banking to ‘Open Finance’
January 22, 2025  |  Bank Regulation

Open banking’s roots lie with the United Kingdom, where PSD2, a decade ago, gave a tailwind to banks’ “opening” their data to third-party providers. Get...

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