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After Seila Law, Will Congress Change the CFPB’s Leadership Structure?

CFPB Monitor

Consumer Financial Protection Bureau, which held that the CFPB’s leadership structure violates the separation of powers mandated by the U.S. Senate on June 17, 2020 would re-name the CFPB the “Financial Product Safety Commission”, and change its leadership to a five-member commission. A bill introduced in the U.S. 3990 and H.R.

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NRF Applauds House Republican Leaders Move To Give Up On Repealing Card Swipe Fee Reforms

PYMNTS

The National Retail Federation applauded House Republican leaders plan to abandon an effort to overturn debit card swipe fee reform , which the trade group says saved retailers and consumers more than $40 billion.

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Best Community Banks to Work For 2022

Independent Banker

Clockwise from top left: Grand Ridge National Bank, Wheaton, Ill.; Grand Ridge National Bank: The premier league. Grand Ridge National Bank. Ask employees at Grand Ridge National Bank (GRNB) in Wheaton, Ill., Mark Scheffers, Grand Ridge National Bank. Community Financial Services Bank, Benton, Ky.; Wheaton, Ill.

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What We’ve Learned From Libra

PYMNTS

David Marcus, Facebook’s chief Libra architect and now CEO of the Calibra wallet that will store and manage the Libra currency, has attempted to assuage regulators’ concerns by telling them Libra won’t move forward until they are comfortable. You really can’t blame the regulators for being nervous, and maybe even now a little confused.

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Is US Financial Regulatory Reform Dead or Ready for Take Off?

FICO

In June, the House adopted, along a party line vote, the Choice Act, which aims to make broad changes to the 2010 Dodd-Frank statute. Similar efforts, further crowding the legislative calendar, may be pursued if the CFPB moves forward with issuing its final small-dollar lending regulation. So where does that leave us?

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Autopsy Report: 9 Startup Failure Stories And What We Can Learn From Them

CB Insights

To some, Silicon Valley startup culture was as much to blame for Theranos’ failure as the company’s leadership. A healthy culture of dissent may have helped the company focus on its product issues before they became a national scandal, but workers who raised red flags were ignored and, if they persisted, asked to leave the company.

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The 2019 GonzoBanker Awards

Gonzobanker

And Partners CEO John Janclaes helped put Kony on the market map in mid-size shops, even keynoting Kony’s conference with a leadership book in tow. Niche Payments Acquisition Award – Goes to City National Bank for its acquisition of FilmTrak. It looked effortless, but ecosystem alignment like that takes real work. . It’s game on.

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