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Key lawmaker to Navy Federal: Explain report on lending disparities
House Financial Services Committee Ranking Member Maxine Waters (D-Calif.) said Navy Federal Credit Union must explain itself to Congress following last week’s CNN report of its wide racial...
Dec 19, 2023
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Article
Federal Housing Finance Agency
ICBA urges passage of new Senate bill to close ILC loophole
ICBA expressed strong support for the introduction of Senate legislation to close the industrial loan company loophole.
Dec 18, 2023
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Article
Congressional Matters
SEC rejects Coinbase request for crypto framework
The Securities and Exchange Commission denied Coinbase’s request for the agency to develop a new regulatory framework for cryptoasset securities.
Dec 18, 2023
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Article
Digital Assets
CFPB issues overdraft report ahead of proposed rule
The Consumer Financial Protection Bureau issued a report on consumer experiences with overdraft and non-sufficient-fund fees ahead of an expected rulemaking.
Dec 20, 2023
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Article
Consumer Financial Protection Bureau (CFPB)
Compliance