On August 14, 2019, Senate Banking Committee Ranking Member Sherrod Brown (D-Ohio) wrote a letter imploring Consumer Financial Protection Bureau Director Kathy Kraninger to implement the payments provisions of the 2017 Payday...more
8/21/2019
/ Ability-to-Repay ,
Administrative Procedure Act ,
Automotive Loans ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Lenders ,
Financial Services Industry ,
Online Marketplace Lending ,
Payday Lending Rule ,
Payday Loans ,
Regulatory Agenda ,
Rulemaking Process ,
Stays ,
Title Loans
On July 5, 2017, the U.S. District Court for the District Columbia, in the lawsuit filed in 2014 challenging “Operation Choke Point” — a federal enforcement initiative involving various agencies, including the Consumer...more
7/20/2017
/ Administrative Procedure Act ,
Banking Sector ,
Department of Justice (DOJ) ,
Due Process ,
FDIC ,
Federal Reserve ,
Financial Services Industry ,
OCC ,
Online Marketplace Lending ,
Operation Choke Point ,
Payday Loans ,
Proposed Legislation