April 06, 2011
House Financial Services Committee Chairman Calls Set-Up of CFPB “Absurd”
April 6, 2011 In a April 6 hearing, GOP members of the House Financial Services Committee called the current structure or the Consumer Financial Protection Bureau “absurd” and expressed their...
April 06, 2011
Reuters: Raskin and Granholm under Consideration for CFPB Director
April 6, 2011 Federal Reserve Governor Sarah Raskin and former Michigan Governor Jennifer Granholm are on President Barack Obama’s list of potential nominees to lead the Consumer Financial Protection Bureau,...
April 06, 2011
Raise Fees and Customers Flee Says New Survey
Many banks, including Chase, are considering new ATM and checking account fees to recover revenue if new debit interchange limits are implemented. Nearly two-thirds of Americans say they would opt...
April 04, 2011
House to Assess Bills That Limit CFPB’s Power
A House Financial Services subcommittee hearing Wednesday, April 6, will examine several bills that seek to rein in the Consumer Financial Protection Bureau, according to Rep. Shelley Moore Capito (R-WV)....
April 04, 2011
CFPB Reveals Spending from Q1 of Fiscal Year 2011
The Consumer Financial Protection Bureau as of Dec. 31 had spent a total of $18 million, including $2 million in outlays and $16 million in gross obligations, according to a...
March 31, 2011
Bachus and Capito Invite Warren To Correct Her Testimony on...
March 30, 2011 WASHINGTON: Financial Services Committee Chairman Spencer Bachus and Financial Institutions and Consumer Credit Subcommittee Chairman Shelley Moore Capito are asking Elizabeth Warren, the Obama Administration official charged...
March 27, 2011
Rep. Westmoreland: “Perils of CFPB with Credit Czar Elizabeth Warren”
Washington, Mar 16 – WASHINGTON, D.C. – Today, the House Financial Services Committee held a hearing with President Obama’s ‘Credit Czar,’ Elizabeth Warren. As the head of the newly created Consumer...
March 23, 2011
Debit Interchange and CFPB among 2011 Policy Priorities for ICBA
San Diego, Calif. (March 22, 2011)-The Independent Community Bankers of America (ICBA) today announced its top legislative and regulatory priorities for the coming year. ICBA made the announcement in San...
March 23, 2011
Fed Chairman’s ICBA Convention Speech: “Community Banking in a Period...
Chairman Ben S. Bernanke At the Independent Community Bankers of America National Convention, San Diego, California March 23, 2011 Community Banking in a Period of Recovery and Change It’s a...
