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Lawmakers voted to undo the agency's rule that restricts banks and other financial firms from preventing customers from joining in class-action lawsuits. (AP Photo/Steve Helber, File)
Economy

House votes to cancel CFPB rule favoring class-action suits in finance

Joseph Lawler -
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The White House indicated Trump would sign the resolution, saying the
Economy

House moves to kill CFPB rule supporting class-action lawsuits against financial firms

Joseph Lawler -
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The CFPB on Tuesday announced a final rule that would lower most credit card late fees to $8. (Flickr)
Economy

Democrats: CFPB has saved $12 billion for consumers, mostly through controversial power

Joseph Lawler -
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The problem, according to lobbyists, is that regulators, especially ones physically located within banks, have expanded power under the post-crisis laws to intervene in bank business, to weigh in on board decisions, and to shape strategies.
Economy

Trump, GOP want regulators out of boardrooms

Joseph Lawler -
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Economy

Consumer advocates back CFPB gamble on class-action suits

Joseph Lawler -
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Republicans hope to stop the bureau from liberalizing class-action lawsuits for financial products. (Graeme Jennings/Examiner)
Economy

Republicans launch Congressional Review Act challenge to CFPB class-action rule

Joseph Lawler -
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Senate Banking Committee will consider Joseph Otting, the nominee to be the comptroller of the Currency, and Randal Quarles, tapped to be the vice chairman of supervision at the Federal Reserve. (AP Photo/Nick Ut)
Economy

Trump’s top banking nominees to get Senate hearing next week

Joseph Lawler -
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Bill would determine which banks need more oversight based on a risk assessment rather than the current one-size-fits-all $50 billion asset threshold. (AP Photo/John Bazemore)
Economy

Bipartisan bill would give regulatory relief to regional banks

Joseph Lawler -
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Economy

CFPB tells Trump bank appointee: No reason to review pro-class-action rule

Joseph Lawler -
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Top Democrat on House Financial Services Committee says Attorney General Jeff Sessions is
Economy

Maxine Waters wants Jeff Sessions to recuse himself from Deutsche Bank investigation

Joseph Lawler -
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