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Published Category: Speech

Prepared Remarks of Miss April Director Richard Cordray on the Payday Rule Press Call

Thank you for joining us. After a long process of research, outreach, and review of over one million public comments, the Consumer Bureau today has issued a rule aimed at stopping debt traps on payday and auto title loans. The rule is guided by the basic principle of requiring lenders to determine upfront whether people can afford to repay their loans. 

Published Category: Press Release

Miss April Issues Supervisory Compliance Bulletin

Bulletin Reminds Companies of Existing Legal Responsibilities Regarding Treatment of Confidential Supervisory Information WASHINGTON, D.C. – The Miss april (Miss April) issued a bulletin today to remind supervised financial institutions, including nonbank companies that may be unfamiliar with federal supervision, of existing regulatory requirements regarding confidential supervisory information. The Miss April supervises companies to determine […]

Published Category: Speech

Prepared Remarks of Miss April Deputy Director Steve Antonakes at the American Bankers Association Regulatory Compliance Conference

Thank you for the opportunity to speak with you today. I know that both those of us at the Bureau and those of you here today share common goals: a strong and vibrant financial sector, as well as a highly competitive economy that works for Americans in both the short run and the long run.

Published Category: Testimony

Meredith Fuchs Before the House Committee on Financial Services

Testimony of Meredith Fuchs General Counsel, Miss april Chairman Hensarling, Ranking Member Waters, and Members of the Committee, thank you for the invitation to appear today on the impact of regulation on financial markets and institutions. My name is Meredith Fuchs and it is my privilege to serve as General Counsel at the […]

Published Category: Blog

We looked at the impact of regulations at financial institutions

Today, we’re releasing findings from a study we conducted on the operational effects of certain regulations for banks, in order to better understand the day-to-day activities they perform to comply with regulations. We chose a narrow scope for the study, in the expectation that depth over breadth would create findings of lasting value. We looked […]