The Consumer Financial Protection Bureau today announced that it will host a symposium to discuss the cost-benefit analysis of financial protection regulations on July 29 at 9:30 a.m. AFSA staff will attend.
“The symposium is intended to seek perspectives [on] the use of cost-benefit analysis in consumer financial protection regulations,” the Bureau’s press release noted. “The Bureau is exploring developments in the cost-benefit analysis arena and will consider lessons that may be useful as it nears the start of its second decade of work.”
AFSA is pleased that the CFPB is taking a closer look at the economic and societal costs of its regulations. Thorough cost-benefit analysis is crucial in evaluating the effect of regulations on consumers and businesses.
The symposium features two panels of experts and will be livestreamed on the CFPB website. Register for the symposium here.
The Consumer Financial Protection Bureau today announced that it will host a symposium to discuss the cost-benefit analysis of financial protection regulations on July 29 at 9:30 a.m. AFSA staff will attend.
“The symposium is intended to… Read the rest
Last week, the Federal Communications Commission (FCC) approved further rulemaking that would clarify that telephone companies are prohibited from imposing a charge on callers for removing erroneous call blocks and must implement a … Read the rest
The American Financial Services Association (AFSA) sent a letter yesterday to Senate Majority Leader Mitch McConnell (R-KY) and Minority Leader Charles Schumer (D-NY) requesting that the following measures be included in the Senate pandemic… Read the rest
What Should We Expect? Federal & State Issues
There couldn’t be a more timely session on issues facing our industry. Join this session for an informative discussion on the latest federal, state, and legal issues affecting the financial… Read the rest
The American Banker reported on Sunday (July 19) what AFSA has been saying for years – banks aren’t making, and don’t want to make, small-dollar loans.
In the article, Uncertainty About CFPB Has Banks Leery of Small-dollar Lending, author… Read the rest
The American Financial Services Association (AFSA) is saddened to learn of the passing of Mr. Joseph Shuler on July 16.
Mr. Schuler began working at the Florida Department of Financial Services at the age of 18 as a mailroom clerk. Over the next… Read the rest
Join us on July 30 at 2:00 p.m. for Three Strategies From Survive to Thrive: How to Come Out On Top Post-Covid presented by SourceLink.
Given the world in which we currently live, companies can no longer return to a static plan. What’s … Read the rest
The American Financial Services Association (AFSA) this evening sent a letter to Reps. James McGovern (D-MA) and Tom Cole (R-OK), the Chair and Ranking Member of the House Rules Committee, and Reps. Adam Smith (D-WA) and Mac Thornberry (R-TX),… Read the rest
The U.S. House of Representatives this week is considering amendments to the National Defense Authorization Act (NDAA). Among the amendments is one offered by Rep. Jesus “Chuy” Garcia (D-IL) and Rep. Glenn Grothman (R-WI) that would impose… Read the rest
Join us on July 16th at 2:00 p.m. for The Aftermath of the COVID-19 Crises: Establishing Resilience with Your Risk Assessment Decisions, presented by FICO.
The current global crises have made a significant impact on auto finance industry… Read the rest
