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Leonard Chanin to serve as part-time CFPB Acting Deputy Director

CFPB Monitor

Leonard is currently serving as Deputy to FDIC Chairman Jelena McWilliams and will continue in that position while serving as CFPB Acting Deputy Director. Brian Johnson, the CFPB’s current Deputy Director, is scheduled to leave the agency on March 6.

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PLI 25th Annual Consumer Financial Services Institute – 25% discount available

CFPB Monitor

The Institute is considered the country’s premier consumer financial services CLE program and this year’s Institute will once again explore in detail important developments in consumer financial services regulation and litigation. The leadership and priorities of the CFPB, OCC, FDIC, and FTC have changed under the Trump Administration.

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Could COVID-19 Cause A Banking And Commercial Real Estate Crisis?

PYMNTS

Vijay Dandapani, chief executive of the Hotel Association of New York City, told the FT that if only half of the city’s 640 hotels survive, that will be a “great” outcome. Bank regulators and overseers have been tracking the problem since the outbreak’s onset. More Than Just Hotels Are in Trouble.

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PLI 24th Annual Consumer Financial Services Institute – 25% discount available

CFPB Monitor

PLI’s 24th Annual Consumer Financial Services Institute will take place on March 25-26, 2019, in New York City (and by live webcast and groupcast in Philadelphia, Pittsburgh, and Mechanicsburg, Pennsylvania, and New Brunswick, New Jersey); on May 20-21, 2019, in Chicago; and on December 9-10, 2019, in San Francisco (and by live webcast).

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ATMIA Weighs In On Cashless Retail Ban Debate

PYMNTS

As had been reported late last month, in New York City, the city council held a hearing centered on a bill that would ban stores and restaurants from being able to refuse to accept cash. The bill still is slated for a public hearing by the New York City council’s Committee on Consumer Affairs and Business Licensing.

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Finovate Debuts: itBit’s Regulated Bitcoin Trading Platform

Fintech Labs Insights

This is what sets the New York-based company apart from its numerous competitors– it is the only regulated bitcoin trading platform open to all U.S. Headquartered in New York City. Board members—Senator Bill Bradley, former FDIC Chairman Sheila Bair and former FASB Chairman Robert Herz.

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Lack of an M&A Strategy May Leave You Dateless at the Prom

Gonzobanker

While we may see an uptick in the number of new bank charters from the near zero we have today, too many other industries with less regulation will attract capital. Once the filters are in place, tools like the FDIC Web site or SNL can help you produce your target list.