The House Financial Services Committee has approved its part of the massive budget bill, saving some $1 billion by, among other things, slashing the CFPB’s budget by more than 60%.
The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in February 2025.
Today the Office of the Comptroller of the Currency (OCC) released a request for information (RFI) on community banks’ engagement with digitalization.
Staff of the Federal Trade Commission published Frequently Asked Questions (FAQs) designed to provide consumers and businesses with information regarding the agency’s Rule on Unfair or Deceptive Fees, which takes effect on May 12, 2025.
On April 22, the Consumer Financial Protection Bureau (CFPB) formally requested to withdraw as a plaintiff in the ongoing lawsuit CFPB v. Credit Acceptance Corporation, filed in the U.S. District Court for the Southern District of New York. While the CFPB steps back from the case, the New York Attorney General continues to pursue the matter on behalf of state consumers.
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