Barely a week has gone by since the Fed “paused” its policy of hiking interest rates. And the pause may prove short-lived — signaling some continued pressure ahead in the paycheck-to-paycheck economy. In testimony being given Wednesday morning (June 21) before the House Committee on...
At the latest hearing focused on the Consumer Financial Protection Bureau, things got heated even before Director Rohit Chopra uttered a word. At the Wednesday (June 14) hearing before the U.S. House Committee on Financial Services, titled “The Semi-Annual Report of the Bureau of Consumer...
Bank of America CEO Brian Moynihan is heading to Capitol Hill on Wednesday (Sept. 21) along with banking brass from six of the other biggest commercial financial institutions in the country for the annual Congressional hearings about the industry. Moynihan will discuss the bank’s approach...
Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB) gave his testimony before the House Committee on Financial Services on Wednesday (April 27), one day after attending a similar hearing in a Senate Banking committee. While the written testimony of Chopra was identical in...
June 14, 2023
At the latest hearing focused on the Consumer Financial Protection Bureau, things got heated even before Director Rohit Chopra uttered a word. At the Wednesday (June 14) hearing before the U.S. House Committee on Financial Services, titled “The Semi-Annual Report of the Bureau of Consumer Financial Protection,” opinions on the job the Bureau is doing […]
September 21, 2022
Bank of America CEO Brian Moynihan is heading to Capitol Hill on Wednesday (Sept. 21) along with banking brass from six of the other biggest commercial financial institutions in the country for the annual Congressional hearings about the industry. Moynihan will discuss the bank’s approach to balancing risk management and responsible long-term sustainable growth, along […]
