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CFPB to focus on credit card market competition

The Consumer Financial Protection Bureau said it is looking to ensure there is robust and fair competition in the credit card market as debt rises following pandemic declines.

Jan 21, 2022
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Article
Lending

House Republican joins ILC push as co-sponsor

ICBA-advocated legislation to close the industrial loan company loophole added a House Republican co-sponsor.

Jan 20, 2022
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Article
Lending

Postal banking pilot lands just six sales: report

Postal banking pilot lands just six sales: report An ICBA-opposed U.S. Postal Service pilot program to test postal banking has served just six individuals since it quietly launched in September,...

Jan 19, 2022
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Article
Government Banks Postal Service Banking

Biden nominates three to round out Fed board

Biden nominates three to round out Fed board President Joe Biden announced three nominations to fill openings on the Federal Reserve Board. President Joe Biden announced three nominations to fill...

Jan 18, 2022
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Article
Federal Reserve