The Consumer Financial Protection Bureau and prudential regulators generally coordinate their regulatory oversight activities but further opportunities exist, according to a joint report released last week from the regulators’ Offices of the Inspectors General.
As consumers age, their ability to manage money and other personal assets can become compromised, which has led to the Consumer Financial Protection Bureau’s latest bulletin, “Planning for diminished capacity and illness.”
A financial firm is alleged to have charges higher broker fees to African-Americans and Hispanics, resulting in a proposed enforcement action filed by the U.S. Department of Justice and the Consumer Financial Protection Bureau.
WASHINGTON (7/29/15 UPDATED 2:18 p.m. ET)--The Federal Open Market Committee is maintaining the federal funds rate, citing “moderate” expansion of U.S. economic activity in its post-meeting statement this afternoon.