In another salvo lobbed by Congress and, specifically, Republicans toward the Consumer Financial Protection Bureau (CFPB), the House Financial Services Committee is, as The American Banker puts it, “threatening to file contempt charges” against the agency’s head, Richard Cordray. Those charges would come in response to what the Committee...
Wells Fargo CEO John Stumpf went to Washington on Thursday (Sept. 29) for the second time this month. And it was not exactly a lark the latest go round. The executive faced grilling from the House Financial Services Committee from members across both sides of the...
The regulators are about to get some watchmen of their own. As Reuters reported Friday (March 4), a watchdog agency based in the United States is getting ready to look into whether the United States Federal Reserve, along with other regulators, has been lax in...
June 08, 2017
In another salvo lobbed by Congress and, specifically, Republicans toward the Consumer Financial Protection Bureau (CFPB), the House Financial Services Committee is, as The American Banker puts it, “threatening to file contempt charges” against the agency’s head, Richard Cordray. Those charges would come in response to what the Committee said have been lies tied to CFPB investigations into Wells Fargo, […]
September 30, 2016
Wells Fargo CEO John Stumpf went to Washington on Thursday (Sept. 29) for the second time this month. And it was not exactly a lark the latest go round. The...
March 07, 2016
The regulators are about to get some watchmen of their own. As Reuters reported Friday (March 4), a watchdog agency based in the United States is getting ready to look...
