Bureau of Consumer Financial Protection Announces Director for the Office of Innovation
WASHINGTON, D.C. — Bureau of Consumer Financial Protection (Bureau) Acting Director Mick Mulvaney today announced he has selected Paul Watkins to lead the Bureau’s new Office of Innovation. “I am…
Bureau of Consumer Financial Protection Settles with Triton Management Group
WASHINGTON, D.C. — The Bureau of Consumer Financial Protection (Bureau) today announced a settlement with Triton Management Group, Inc., a small-dollar lender that operates in Alabama, Mississippi, and South Carolina…
Bureau of Consumer Financial Protection Settles With TCF National Bank
WASHINGTON, D.C. — Today the Bureau of Consumer Financial Protection (Bureau) filed in federal district court a proposed settlement with TCF National Bank regarding its marketing and sale of overdraft…
Acting Director Mulvaney Statement On Fintech Developments
WASHINGTON, D.C. – Today, Bureau of Consumer Financial Protection (Bureau) Acting Director Mick Mulvaney issued the following statement regarding actions by the Department of the Treasury and the Office of…
BCFP Collaborates With Regulators Around The World To Create Global Financial Innovation Network
WASHINGTON, D.C. – The Bureau of Consumer Financial Protection (BCFP), working in collaboration with 11 financial regulators and related organizations, is announcing an initiative to create the Global Financial Innovation…
Bureau of Consumer Financial Protection Updates Regulation P To Implement Legislation Amending Gramm-Leach-Bliley Act
WASHINGTON, D.C. – The Bureau of Consumer Financial Protection (Bureau) today finalized amendments to implement legislation that allows financial institutions that meet certain requirements to be exempt from sending annual…
Bureau Of Consumer Financial Protection Settles With Defendants In Hydra Group Payday Lending Case
WASHINGTON, D.C. — Today a federal district court in the Western District of Missouri entered an Order effectuating a settlement between the Bureau of Consumer Financial Protection (Bureau) and Richard…
ProVeg Applauds States’ Actions to Promote Plant-Based Diets
State procurement of climate-friendly food is vital to help reduce carbon emissions NEW YORK, April 3, 2023 (Newswire.com) - Food awareness organization, ProVeg International, today welcomed actions taken by states…
Bureau of Consumer Financial Protection Issues Rule to Implement and Clarify New HMDA Amendments
WASHINGTON, D.C. — Today the Bureau of Consumer Financial Protection (Bureau) issued an interpretive and procedural rule to implement and clarify the requirements of section 104(a) of the Economic Growth,…
FTC Orders Illumina to Divest Cancer Detection Test Maker GRAIL to Protect Competition in Life-Saving Technology Market
The Federal Trade Commission issued an Opinion and Order requiring DNA sequencing provider, Illumina, Inc., to divest GRAIL, Inc., which makes a multi-cancer early detection (MCED) test, finding that the…