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CFPB targets rental, medical debt in latest report

The Consumer Financial Protection Bureau issued its annual report to Congress on debt collection, which focuses on medical debt and rental debt.

Sep 06, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

ICBA: AML/CFT modernization should not expand reg burden

ICBA told the FinCEN that its proposed rule to update anti-money-laundering and countering-the-financing-of-terrorism programs would create additional burdens on banks without benefitting FinCEN’s...

Sep 05, 2024
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Article
Financial Crimes Enforcement Network (FinCEN)

CNBC features opposition to credit union acquisitions of community banks

ICBA’s campaign spotlighting credit union tax and regulatory inequities generated new coverage this week with a CNBC segment on acquisitions of community banks.

Sep 04, 2024
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Article
Credit Unions

ICBA urges CFPB to simplify rule on earned wage access products

ICBA told the Consumer Financial Protection Bureau that its proposed interpretive rule on “earned wage access” products defines “debt” too broadly.

Sep 03, 2024
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Article
Consumer Financial Protection Bureau (CFPB)