Fresh Today

Fresh Today

WASHINGTON —In what would be good news primarily for banks but also for the credit union regulatory agenda, a number of Democrats have signed onto a semi-bipartisan plan in the Senate to loosen financial regulations, most especially those enacted as part of 2010’s Dodd-Frank Act.

WASHINGTON– The Consumer Financial Protection Bureau today appears to be dialing back its proposals to tighten rules around payday, vehicle title and other high-cost installment loans, otherwise known as its “Payday Rule.”