CFPB - Banking Exchange
CFPB’s Auto Finance Data Collection Proposal Faces Backlash
A coalition of associations have claimed the proposal infringes on personal privacy rights
Trade Associations Urge Withdrawal of CFPB’s Proposed Overdraft Rules
A separate ABA-led association has paused implementation of new rules to CRA
Junk Fees are Causing Consumers to Switch Banks
Proposed rule to ban junk fees aims to remedy widespread concerns
CFPB plans to curb overdraft fees
The new rules could save consumers over $3.5 billion in fees per year
BPI and TCH Call for Stronger Consumer Financial Data Rules
The associations argued the CFPB’s proposal does not go far enough
Consumer Inflation Expectations Decline
Fed Bank of New York survey found short-term inflation expectations reached the lowest level in three years
ABA and CBA Express “Serious Concerns” Over Proposed CFPB Nonbank Regulations
The banking organizations wrote to the CFPB about the proposed redefinition of digital assets
Credit Card Debt Numbers Rising According to Bankrate
Almost 50% of all credit card holders are carrying credit card debt
Atlantic Union Bank Fined $6.2 Million for Illegal Overdraft Fee Harvesting
The bank said it “respectfully disagrees” with the decision
Congress Votes to Scrap CFPB Small Business Lending Data Rule
The ABA and ICBA have praised Congress’ decision to nullify the rule
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