In This Issue:
- CFPB Proposes New Rule for Stay-at-Home Parent Credit Cards
- Fewer Credit Card Complaints Than Expected, CFPB Director Reports
- Treasury Recommends Standard Chartered Money Transfer Settlement
- U.S. Should Reject Basel III Unless Changed, FDIC Director Says
- CFPB to Launch Supervision of Big Three Credit Bureaus
- Major Banks Consider Whether to Get into California Carbon Market
- Prosecutors, Debt Collectors Team to Collect Money
- FDIC Urges Banks to Consider Unbanked as Customers
- Ice Cream Shop Owner Faces Scrutiny for Opening Bank Alternative
- Excerpt from CFPB Proposes New Rule for Stay-at-Home Parent Credit Cards:
Help is on the way for stay-at-home parents being denied credit cards because they don't have income of their own. The Consumer Financial Protection Bureau will propose a rule within the next few months that will make it easier for applicants without personal income to qualify for credit cards, the agency's director Richard Cordray said at a congressional hearing.
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