Current Industry News

Georgia Credit Unions Reaching More People, Lending More Money

ATLANTA, July 18, 2018 /PRNewswire/ — As more Georgia consumers take advantage of the service-driven culture of credit unions, credit unions are experiencing significant and consistent loan growth.

Bureau of Consumer Financial Protection Announces Director for the Office of Innovation

WASHINGTON, D.C. — Bureau of Consumer Financial Protection (Bureau) Acting Director Mick Mulvaney today announced he has selected Paul Watkins to lead the Bureau’s new Office of Innovation.

House Passes Hensarling’s ‘JOBS Act 3.0’

The full House on Tuesday night passed by a 406-4 vote the JOBS and Investor Confidence Act of 2018, also known as House Financial Services Committee Chairman Jeb Hensarling’s “JOBS Act 3.0,” which includes a package of 32 bills, some of which make changes to the Dodd-Frank law.

Consumer Banking Watchdog Could Take Complaints Database Offline

Taxpayers have until midnight tonight to share concerns about an end to public access of a consumer banking complaint database — the latest in a series of moves by the Trump Administration to dismantle the Consumer Financial Protection Bureau.

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