The Congressional Research Service identified risks arising from the use of machine learning in the underwriting of consumer loans.

The New York Department of Financial Services proposed guidance for financial institutions on conducting character and fitness reviews for directors, senior officers and managers.

The CFPB will distribute approximately $22 million to consumers who were falsely promised that their credit card debt would be eliminated and that their credit scores would be improved.

In a review of the oversight and regulation of Silicon Valley Bank, the California Department of Financial Protection highlighted factors that led to the bank's failure, and identified improvements to its supervisory practices going forward.

Senate Banking, Housing, and Urban Affairs Ranking Committee Member Tim Scott (R-SC) asked the Federal Housing Finance Agency to provide further evidence to back up its proposal to amend the pricing framework for Fannie Mae and Freddie Mac.