Tag: Financial Regulations
New York Attorney General Files Lawsuit Against Capital One Following CFPB’s Decision
The logo for consumer lending firm Capital One Financial Corp. spotted on its headquarters in McLean, Virginia, on Jan. 20. 2023. So, New York Attorney General Letitia James decided to sue Capital One on...
The Future of the CFPB: Impact of Trump Administration
The Consumer Financial Protection Bureau (CFPB) faces an uncertain future under the Trump administration, raising concerns about the impact on consumer rights and financial regulations. Established in 2010 in response to the financial crisis,...
Federal Reserve Considers Adjusting Bank Stress Tests for Systemic Risk Assessment
The Federal Reserve, the United States' central bank, is currently in discussions about potentially adjusting the bank stress tests used to assess systemic risk within the financial system. This move comes as a response...
