Washington, D.C.— U.S. Congressman Andy Barr (R-KY), Chairman of the House Financial Services Subcommittee on Financial Institutions and Monetary Policy, reintroduced the Fair Access to Banking Act. The Fair Access to Banking Act would prohibit banks from denying fair access to financial services under the standards of woke corporate cancel culture and prevent the weaponization for political purposes.
Washington, DCCNN — Businesses across the country said banks have tightened their lending standards since last month’s banking crisis, according to an economic survey from the Federal Reserve released Wednesday.
NAFCU and other financial industry trade groups Wednesday called on the CFPB to delay the submission deadline of its Terms of Credit Card Plans (TCCP) survey, which is currently set for today, and provide credit card issuers with clarity on longstanding questions. The bureau in March updated the survey to provide consumers with more information related to interest rates.
On July 1, Colorado will join four other states as its comprehensive privacy law, the Colorado Privacy Act (CPA), goes into full effect. The CPA imposes significant new obligations for businesses and nonprofit organizations that come under its umbrella, as well as the possibility of substantial fines for lack of compliance.
The California Department of Financial Protection and Innovation (DFPI) announced an extension to the proposed comment period for Covered Person Registration Rulemaking. The comment period, initially set to end on April 12, 2023, has now been extended to May 17, 2023.
.jpg)
.jpg)