CFPB sued for exceeding its authority on medical debt rule
Two trade groups filed a lawsuit against the Consumer Financial Protection Bureau claiming it exceeded its authority and ignored the legislative history on medical debts.
USAA’s new CEO tasked with fixing regulatory issues
The San Antonio-based insurer and bank has named Juan Andrade as its next CEO. The company's bank has suffered a series of regulatory penalties.
Los Angeles banks react, give back as wildfires continue
As the flames continued to spread, banks closed more branches while others donated to relief efforts.
Fed’s Bowman preaches pragmatism for regulation, supervision
Seen by many as a logical pick for the Federal Reserve's next vice chair for supervision, Gov. Michelle Bowman wants the institution to focus on safety and soundness issues, tailoring and transparency.