As the Consumer Finance Protection Bureau (CFPB) remains in the crosshairs of the Trump administration and members of Congress, data privacy has been top of mind — namely, who should have access to that data. According to news from Fortune Magazine, the Financial CHOICE Act, which was approved...
Big picture thinking dominated news surrounding financial services and payments regulations this past week. In the U.K., a contentious election brought “hard” and “soft” Brexit into question, while Dodd-Frank got a vote down by the United States House of Representatives — and next stop, the Senate....
In the halls of Congress and in the halls of Wall Street it wasn’t all about Comey Thursday. The House of Representatives approved a bill (helmed by Republican Rep. Jeb Hensarling) aimed at reversing, at least in part, Dodd-Frank, the post-financial crisis legislation that instituted...
Last week was not a good week to be the CFPB or Dodd-Frank financial reforms. The House Financial Services Committee voted 34 to 26 to repeal and replace it with the Financial Choice Act and sent it to the House floor for an up or down...
June 12, 2017
Big picture thinking dominated news surrounding financial services and payments regulations this past week. In the U.K., a contentious election brought “hard” and “soft” Brexit into question, while Dodd-Frank got a vote down by the United States House of Representatives — and next stop, the Senate.
May 09, 2017
Last week was not a good week to be the CFPB or Dodd-Frank financial reforms. The House Financial Services Committee voted 34 to 26 to repeal and replace it with...
June 15, 2017
As the Consumer Finance Protection Bureau (CFPB) remains in the crosshairs of the Trump administration and members of Congress, data privacy has been top of mind — namely, who should have access to that data. According to news from Fortune Magazine, the Financial CHOICE Act, which was approved along party lines recently, has a stipulation that the CFPB […]
June 09, 2017
In the halls of Congress and in the halls of Wall Street it wasn’t all about Comey Thursday. The House of Representatives approved a bill (helmed by Republican Rep. Jeb...
May 03, 2017
As the House Financial Services Committee considers approval of the Financial Choice Act, the National Retail Federation (NRF) is urging lawmakers to reject efforts to repeal debit card swipe fee reform. “Debit...
February 08, 2017
Molly Wilkinson, executive director of the Electronic Payments Coalition, argued in a Forbes report Tuesday (Feb. 7) that the new Congress under President Donald Trump should reconsider the Financial CHOICE Act...