Tag Archives: Congress

Rep. Blaine Luetkemeyer [R-Mo.] has proposed legislation aimed at finally putting an end to Operation Choke Point by establishing a clear set of guidelines under which a federal regulator can order a financial institution to close the accounts of a client. Rep. Luetkemeyer has been a vocal opponent of Operation …

The House Appropriations Committee last week approved a bill aimed at financial services, which, among other things, would bring the budget of the Bureau of Consumer Financial Protection under the Congressional appropriations process starting in 2020. Republicans in Congress have longed for the day when they could have some control …

Companion bills have been introduced in the House of Representatives and the Senate aimed at expanding the definition of automated telephone dialing systems to include platforms that make calls from numbers stored on a list, as well as those that use random or sequential number generators. Sen. Edward Markey [D-Mass.] …

Members of the ARM industry descended on Washington, D.C., in mid-May to attend ACA International’s annual Washington Insights conference. The event featured a number of regulators, lawmakers, and other D.C. insiders, and also gave members of the ARM industry a chance to interact with the people who decide what they …

The House Financial Services Committee Subcommittee on Financial Institutions and Consumer Credit has scheduled a hearing for tomorrow afternoon about the Bureau of Consumer Financial Protection. The hearing, Improving Transparency and Accountability at the Bureau of Consumer Financial Protection, will take place at 2pm EDT and feature six witnesses, four of them …

A bill has been introduced in the House of Representatives that seeks to amend the Fair Debt Collection Practices Act. Introduced last week by Rep. Mia Love [R-Utah], the bill, H.R. 5434, has been referred to the House Financial Services Committee for consideration. The bill is called the “Stop Debt …