It’s clear that the Consumer Financial Protection Bureau and its behavior elicit strong opinions from Capitol Hill and beyond. And now, one U.S. Senator is calling the CFPB a “rogue agency” that needs to be seriously reined in.
Now, the budget is moving on to the presidential office where President Obama is expected to sign it, based on prior indications of support. The signature of the president will ensure another government shutdown is averted.
U.S. Treasury Secretary Jack Lew warned Congress that the United States will exhaust its borrowing capacity no later than Oct. 17, at which point the government will have only $30 billion in cash on hand.
Consumer Financial Protection Bureau Director Richard Cordray will give his fourth testimony before Congress Wednesday since taking the post in mid-January.A House subcommittee will question Cordray...
These 40 winners have developed groundbreaking new software, re-engineered entire systems and launched their own startups. They have seen dramatic growth in sales, in market share and in influence. Whether they started with a company right out of high school or were brought in for a specialty solution, their contributions have been outsized..
What does it take to innovate and adapt to the boom and bust cycles of our economy over many decades? How have some companies managed to excel for so long? We decided to explore the secret to longevity by interviewing executives at Forsythe Appraisals, MGIC, United Guaranty and TD Service, which have all been in business for 50 years or more. Read More
The industry has already spent an enormous amount of time understanding the new requirements. Because the rule was finalized late (in November 2013) and required a long lead time to clarify and understand it, technology firms have had a significantly shorter timeframe to develop and test software. Read More