Browsing: Rule

Senate Banking Committee Chair Tim Scott, R-S.C., and House Financial Services Committee Chair French Hill, R-Ark.Bloomberg News WASHINGTON — The heads of the House Financial Services…

The Consumer Financial Protection Bureau has agreed to temporarily halt a rule that would ban medical bills from credit reports, giving the banking industry an immediate…

The headquarters of the Securities and Exchange Commission.Zach Gibson/Bloomberg News WASHINGTON — The Securities and Exchange Commission has rescinded Staff Accounting Bulletin 121, the guidance from…

Sandra Thompson, director of the Federal Housing Finance Agency.Al Drago/Bloomberg The Federal Housing Finance Agency finalized a new rule aimed at giving the Federal Home Loan…

The Consumer Financial Protection Bureau has proposed a rule that would prohibit banks and other financial companies from using agreements to waive consumer’s legal rights, protections…

Two trade groups have sued the Consumer Financial Protection Bureau for issuing a rule to remove medical debts from credit reports, claiming the bureau ignored the…

sturti | E+ | Getty ImagesThe Consumer Financial Protection Bureau on Tuesday announced it has finalized a rule to remove about $49 billion in medical debt…

The Consumer Financial Protection Bureau (CFPB) has finalized a rule that will remove medical debts from consumer credit reports.In doing so, Americans’ credit scores should rise…

Consumer Financial Protection Bureau Director Rohit ChopraBloomberg News The Consumer Financial Protection Bureau plans to issue a final rule on Tuesday that would remove roughly $49 billion…

SOPA Images/Photographer: SOPA Images/LightR Unless the new administration squashes it, soon banks and fintechs will need to work with the FDIC’s so-called Synapse rule, which would…