Republican lawmakers and aides have been researching how they might use resolutions, budget measures and investigative. the Republican in line to be chairman of the House Financial Services.
· house committee approves cfpb budget reform Bill on April 13, 2016 Newsbytes , Policy The house financial services committee voted by a 33-20 margin to advance ABA-backed legislation that would stop direct funding of the CFPB by the Federal Reserve and instead subject the bureau to the regular congressional appropriations process.
Congressman Bill Huizenga released the following statement on today’s Financial Services Committee hearing to review the Securities and Exchange Commission’s agenda, operations, and budget: “I appreciate Chairman Clayton’s willingness to be forthright at today’s hearing,” said Chairman Huizenga.
Drop in house prices drives double-dip debate Car sales help drive away double-dip fears. it’s unlikely Congress and the White House will enact any additional short-term stimulus measures.. The recent drop in stock prices also left some.
New CFPB study proves need for Maloney’s Overdraft Protection Act. WASHINGTON – Congresswoman Carolyn B. Maloney (D-NY) is calling for the House to consider legislation she introduced to end abusive overdraft fees after a new report from the consumer financial protection bureau found that, in lending terms, certain overdraft fees are tantamount to a 17,000 percent annual percentage rate (APR).
House Financial Services Committee approves bill to rein in cfpb budget hensarling: We will continue to debate the activities of this particular rogue agency April 13, 2016
The House Appropriations Committee on Wednesday approved a financial services and general government bill that would. to the tax agency’s budget have crimped services to taxpayers. “The legislation.
CoreLogic: More foreclosures lead to fewer underwater mortgages Black Knight’s data also reveals that May saw the lowest number of foreclosure starts in 18 years, at around 39,000, while the number of loans in active foreclosure fell to a more than 13-year low.loanDepot hires new tech team Some of our competitors have internal talent who are very successful in their niche. But few will be able to match the experience and breadth of talent that loanDepot is building for the future." These #FinTech hires – together with the 100 new tech hires – will help ensure that we maintain our leadership position in the growing #Fintech.
The Consumer Financial Protection Bureau (CFPB) is an agency of the United States government responsible for consumer protection in the financial sector.CFPB’s jurisdiction includes banks, credit unions, securities firms, payday lenders, mortgage-servicing operations, foreclosure relief services, debt collectors and other financial companies operating in the United States.
Today, congresswoman maxine waters (D-CA), Ranking Member of the House Financial Services Committee, issued the following statement on the Consumer Financial Protection Bureau’s efforts to protect consumers from abusive lending practices: "The CFPB has taken an important step today to rein in payday lenders that prey on financially vulnerable Americans.
House Panel Approves Bill Exempting Most CUs From CFPB Rules The bill, if passed, would exempt credit unions with less than $50 billion in assets from CFPB rules.