Two Largest U.S. Cities Adopt Responsible Banking Ordinances
On May 15, the cities of New York and Los Angeles adopted ordinances that will require banks doing business with those cities to report certain information about their banking and lending activities....
View ArticleCFPB Plans Study of Bundled Financial Products
Today, the CFPB published a notice indicating that it will review bundled financial products and services. The CFPB is seeking comments on its plans to survey “low-income, underserved consumers” about...
View ArticleNew York Bankers File Suit To Block Local Responsible Banking Law
On October 11, the New York Bankers Association filed a complaint in the U.S. District Court for the Southern District of New York to block a local ordinance that requires banks doing business with the...
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