Bitcoin may be the marquee name in cryptocurrencies, but regulation may loom for its digital dollar brethren. Recent inquiries from regulators in the federal securities and commodities realms have centered on Ethereum. In this case, The Wall Street Journal reported, the interest is tied to...
The top Democrat on the Senate Banking Committee is imploring the Trump administration to support the Consumer Financial Protection Bureau’s ruling against PHH Corporation. According to American Banker, PHH, a New Jersey-based mortgage lender and servicer, agreed to pay $31 million to consumers as part...
The Consumer Financial Protection Bureau (CFPB) will see a federal appeals court hear oral arguments later this week on the constitutionality of the government watchdog in the case of PHH Corp. versus CFBP. According to a report in The American Banker, the case is being closely...
The Trump administration’s Justice Department’s March 17 brief outlining the possible unconstitutional structure of the Consumer Financial Protection Bureau (CFPB) was met with some resistance from the organization. Created during the Obama administration by the 2010 Dodd-Frank overhaul, the CFPB combined consumer protection functions under one roof....
October 14, 2016
The Week The Food Fizzled Generally speaking, food is not the sort of thing that easily fizzles — if for no other reason than we all need it to survive. Individual favorites can rise and fall, chains come into and out of fashion — but food as a category is usually safe from misses. But […]
June 06, 2018
After PHH Corp.’s appeal of a $109 million penalty caused a legal battle over the constitutionality of the Consumer Financial Protection Bureau’s (CFPB) structure, agency officials are recommending that Director Mick Mulvaney dismiss the company’s case, American Banker reported. “Enforcement counsel and respondents have conferred, and have agreed to recommend dismissal of this administrative proceeding,” […]
January 05, 2018
The top Democrat on the Senate Banking Committee is imploring the Trump administration to support the Consumer Financial Protection Bureau’s ruling against PHH Corporation. According to American Banker, PHH, a...
May 23, 2017
The Consumer Financial Protection Bureau (CFPB) will see a federal appeals court hear oral arguments later this week on the constitutionality of the government watchdog in the case of PHH...
April 03, 2017
The Trump administration’s Justice Department’s March 17 brief outlining the possible unconstitutional structure of the Consumer Financial Protection Bureau (CFPB) was met with some resistance from the organization. Created during the Obama...
