American Financial Services Association - Blog
American Financial Services Association

Blog

Blog

Big Changes Ahead at the CFPB
Jan 21, 2021

President Joe Biden announced his intention to nominate Federal Trade Commissioner Rohit Chopra to serve as Director of the Consumer Financial Protection Bureau. And late on Inauguration Day, President Biden announced that Dave Uejio, currently head of strategy at the agency would serve as acting director until Chopra is confirmed. As Bloomberg reported this morning: […]

Federal Banking Agencies Issue Final Rules on Supervisory Guidance
Jan 21, 2021

This week, the Consumer Financial Protection Bureau, Federal Deposit Insurance Corporation, National Credit Union Administration, and the Office of the Comptroller of the Currency issued final rules clarifying the role of supervisory guidance. Supervisory guidance is issued by agencies in the form of (but not limited to) interagency statements, advisories, bulletins, policy statements, questions and […]

Get C-Suite Views at the 2021 Vehicle Finance Conference
Jan 20, 2021

Join vehicle finance industry leaders as they provide their perspectives and takeaways from 2020, and share their insights on the challenges and opportunities coming down the road in 2021. AFSA is pleased to share that the following senior executives will participate in our panel: Mahesh Aditya, President & CEO, Santander USA Dan Berce, President & […]

OCC Finalizes Fair Access Rule
Jan 19, 2021

The Office of the Comptroller of the Currency (OCC) released its finalized rule to ensure fair access to banking services provided by large national banks, federal savings associations, and federal branches and agencies of foreign bank organizations.  The rule codifies more than a decade of OCC guidance, which stated that banks should conduct risk assessments of individual customers, rather than […]

Biden to Name Chopra to CFPB Director
Jan 18, 2021

Today, President-elect Joe Biden announced that Federal Trade Commissioner Rohit Chopra will be nominated to serve as Director of the Consumer Financial Protection Bureau. The following statement may be attributed to Bill Himpler, President and CEO of the American Financial Services Association:  “AFSA and its member companies congratulate Commissioner Chopra on his nomination to lead the […]

Get the Economic Outlook from Dr. Mark Zandi
Jan 13, 2021

AFSA is pleased to announce that Dr. Mark Zandi, Chief Economist at Moody’s Analytics, and co-Founder of Economy.com will present at AFSA’s 2021 Virtual Vehicle Finance Conference. Dr. Zandi, a trusted adviser to policymakers and an influential source of economic analysis, will provide an overview on the state of the U.S. economy and an outlook […]

The Impact of Address Confidentiality Programs on Extending and Servicing Credit
Jan 13, 2021

Join us on February 4 at 2:00 p.m. for The Impact of Address Confidentiality Programs on Extending and Servicing Credit, presented by Husch Blackwell. Learn the where, what, and why of address confidentiality programs across the country—sometimes called “Safe at Home” laws. Designed to protect victims of stalking and domestic violence from true danger, these laws […]

Survey Highlights Important Role Small-Dollar Credit Plays for Americans
Jan 12, 2021

According to Bankrate’s January 2020 Financial Security Index study, just 39 % of American households are able via savings to cover a $1,000 emergency expense, such as a car repair. The 2021 version of the survey found that just 41% could cover such a cost. AFSA has long pushed for policies and initiatives that help […]

AFSA Releases 2020 Review, 2021 Preview Whitepaper
Jan 07, 2021

AFSA’s State Government Affairs (SGA) team published its 2021 State Legislative Preview and 2020 Review white paper this week. The paper provides members with a comprehensive preview of state legislative and regulatory activity in 2021 and identifies and reviews the trends of the previous legislative session. The year 2020 was an unprecedented one and much of the nation is still feeling […]

AFSA Submits Comments on Role of Supervisory Guidance
Jan 06, 2021

The American Financial Services Association (AFSA) submitted comments in support of several federal banking agencies’ notice of proposed rulemaking  on the role of supervisory guidance. Supervisory guidance is issued by agencies in the form of (but not limited to) interagency statements, advisories, bulletins, policy statements, questions and answers, and frequently asked questions. The letter was […]

1 2 3 4 5 6 88