The U.S. District Court for the Eastern District of Texas held that the CFPB's amendments to its supervisory operations and examinations manual to include “discrimination” under “unfair, deceptive, or abusive acts or practices” exceeds the agency's authority under Dodd-Frank.
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At a hearing before the U.S. Senate Committee on Banking, Housing, and Urban Affairs, regulators from the National Credit Union Administration, the FDIC and the OCC testified on current agency priorities and challenges.
The New York State Department of Financial Services established a new Office of Financial Inclusion and Empowerment.
The U.S. Senate Financial Services Committee considered five bills, which would mandate that regulated entities disclose "diversity data".
The Congressional Research Service provided an overview of "selected banking-related issues that may attract congressional interest in the 117th Congress."