By Joe Mont2017-08-30T13:00:00
Jeb Hensarling (R-Texas), chairman of the House Financial Services Committee, is escalating attacks on CFPB Director Richard Cordray. In a letter this week, he accuses Cordray of rushing to finalize payday loan regulations to suit his political ambitions and a potential run for governor in Ohio.
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2019-11-25T21:04:00Z By Jaclyn Jaeger
Dannenbaum Engineering and its parent company have agreed to pay a $1.6 million criminal fine for a scheme involving illegal campaign contributions. While the fine might not be significant, the compliance lessons are.
2026-02-26T21:47:00Z By Ruth Prickett
Firms offering “buy now, pay later” financing will become part of the regulated financial services sector in the U.K. from July 15. Compliance teams must act now to ensure they are ready to introduce rules and establish creditworthiness assessment processes, adapt systems, and change data processes before the deadline.
2026-01-13T20:05:00Z By Oscar Gonzalez
Two months after the U.S. Consumer Financial Protection Bureau proposed a rule change to narrow anti-discrimination requirements for lenders, it has reversed previous guidance on noncitizen customers looking to borrow.
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