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CFPB Issues RFI For Remittance Rule At Urging Of CUNA

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The Consumer Financial Protection Bureau (CFPB) announced Thursday (April 25) that it has issued a request for information on its remittance rule, which had faced calls by the Credit Union National Association for revision. CUNA wants the threshold raised to at least 1,000.

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CFPB Sends Out RFI Over Administrative Adjudications

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The Consumer Financial Protection Bureau (CFPB) wants more insight into the use of administrative adjudications and sent out a Request for Information (RFI) to get it. The CFPB is also seeking information about how the current process can be improved. The CFPB will be accepting comment starting Feb.

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Acting CFPB Head Doesn’t Need Additional Funding For Q2

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Mick Mulvaney, President Donald Trump’s appointed acting director of the Consumer Financial Protection Bureau (CFPB), did not request any funding for the watchdog agency in the second quarter budget. Mulvaney also noted the money not being tapped by the CFPB could be used by the U.S.

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