Acting Director of the Consumer Financial Protection Bureau Mick Mulvaney encouraged Congress to make several changes that would restrain the power of the agency and its director.
Several international regulatory agencies have created the "Global Financial Innovation Network" to collaborate on regulatory issues related to emerging technologies and FinTech development.
CFPB Director Kathy Kraninger described FY 2019 initiatives to coordinate efforts between the CFPB and state agencies to strengthen consumer protection.
The Consumer Financial Protection Bureau and the Federal Housing Finance Agency introduced a new program to enable the agencies "to share servicing information to protect borrowers during the coronavirus national emergency."
The OCC, Federal Reserve Board, FDIC, National Credit Union Administration and CFPB proposed a rule that would codify a 2018 Interagency Statement Clarifying the Role of Supervisory Guidance.