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CFPB - Banking Exchange
Proposed rule to ban junk fees aims to remedy widespread concerns
The new rules could save consumers over $3.5 billion in fees per year
The associations argued the CFPB’s proposal does not go far enough
Fed Bank of New York survey found short-term inflation expectations reached the lowest level in three years
The banking organizations wrote to the CFPB about the proposed redefinition of digital assets
Almost 50% of all credit card holders are carrying credit card debt
The bank said it “respectfully disagrees” with the decision
The ABA and ICBA have praised Congress’ decision to nullify the rule
The CFPB has levied the fine for failing to collect information on some mortgage applications
The program allows CFPB to authorize parameters for in-market testing of alternatives to required disclosures
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