The CFPB’s authority should be used in a manner that is consistent with the spirit of the Dodd-Frank Act, America’s Credit Unions President/CEO Jim Nussle wrote to the Senate Banking Committee Tuesday. Nussle outlined several of the industry’s top concerns and recommendations for the bureau ahead of today’s hearing where CFPB Director Rohit Chopra is …
The CFPB is proposing a new rule to remove medical bills from most credit reports, stop credit reporting companies from sharing medical debts with lenders, and prohibit lenders from making lending decisions based on medical information. The rule, introduced Tuesday, comes as part of the bureau’s efforts to address the burden of medical debt and …
Registration is still open for the NCUA’s Diversity, Equity, and Inclusion (DEI) Summit, set for July 9-11 in Minneapolis. A full breakdown of the event agenda is on the agency’s website. The theme of this year’s summit is “DEI: Here to Stay.” Attendees will explore the value proposition of DEI – both in the credit …
