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Tougher payday loan rules issued by consumer protection bureau to remain in place ... for now
New, tough nationwide regulations on payda.....»»
Trump administration hands payday lenders a major victory
The Consumer Financial Protection Bureau proposed significantly weakening Obama-era rules governing the lenders, boosting the fortunes of an industry accused of keeping low-income borrowers trapped in a cycle of debt......»»
Consumer Financial Protection Bureau, muzzled under Trump, prepares to renew tough industry oversight
After taking a largely hands-off approach in the Trump era, the consumer watchdog hatched by Elizabeth Warren is expected to resume issuing tough penalties and rules......»»
: Under President Biden, expect more aggressive oversight of the student-loan industry
The Biden administration will enlist the Consumer Financial Protection Bureau to tackle student-debt problems......»»
AFR Statement On Mulvaney Plan To Gut Payday Lending Rule
Today The Consumer Financial Protection Bureau said that it will propose changes in January to the underwriting provisions of the agency’s rules for payday lenders AKA predatory lenders as well as to when th.....»»
CFPB moves to water down tough proposed rules on payday loans
The nation’s new consumer financial watchd.....»»
Consumer Financial Protection Bureau to gut most of its payday lending rules
The nation's federal financial watchdog said.....»»
: Student loan servicer Navient illegally deceived borrowers, judge finds
Borrowers and their parents and grandparents were among those who suffered when Navient violated a state consumer protection law, the court ruled......»»
Debt collectors, payday lenders collected over $500 million in federal pandemic relief
More than 170 of those recipients have been named in multiple consumer complaints, racking up at least 100 with the Consumer Financial Protection Bureau, according to The Washington Post’s analysis......»»
Square says FinCEN proposed rules create "unnecessary friction," less visibility
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
The US government will do a "full review" of any company taking a small business loan over $2 million after massive corporations took advantage of the program
Associated Press As $310 billion in new funding replenishes the Paycheck Protection Program, small businesses can expect more oversight. Treasury Secretary Steven Mnuchin said Tuesday that loans over $2 million will undergo a "full review" be.....»»
How to Choose the Coronavirus Relief That"s Best for Your Company
If you receive a Paycheck Protection Program loan, there are some rules around the other programs you can apply for......»»
U.S. proposes minimum air service rules for airlines receiving assistance
The U.S. Transportation Department on Tuesday proposed minimum flight requirements for passenger airlines receiving aid from the government's $50 billion grant and loan fund......»»
Berlin court rules against Facebook over consumer-data protection, WSJ reports
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Column: Trump hated him as a watchdog. Now he"s helping protect California consumers
The Department of Financial Protection and Innovation, as proposed by Gov. Gavin Newsom, "will put California at the forefront of consumer financial protection at.....»»
Column: Can California force companies to better protect customers? Former CFPB head has hope
The Department of Financial Protection and Innovation, as proposed by Gov. Gavin Newsom, "will put California at the forefront of consumer financial protection at.....»»
Gov. Newsom proposes increased power for consumer financial protection
As part of his new budget proposal, Gov. Gavin Newsom is calling for the state to enforce the regulations of the federal Consumer Financial Protection Bureau. Under the proposal, the state's Department of Business Oversight would be renamed the Depa.....»»
Newsom proposes increased power for consumer financial protection
As part of his new budget proposal, Gov. Gavin Newsom is calling for the state to enforce the regulations of the federal Consumer Financial Protection Bureau. Under the proposal, the state's Department of Business Oversight would be renamed the Depa.....»»
New air-quality rules would let chemical plants in an area known as "Cancer Alley" keep spewing out carcinogenic toxins
Joe Penney/Reuters The US Environmental Protection Agency has proposed an update to its emissions standards, nearly three years after it was ordered to do so by a judge. But th.....»»
The 25 American industries most likely to lose hundreds of jobs if the US-China trade war continues
Ann Hermes/The Christian Science Monitor via Getty Images Bankrate determined the 25 industries that have lost the most US jobs as a result of the US-China trade war using data .....»»