The STATES 2.0 Act, currently pending in Congress, would go a long way toward giving banks confidence that they can provide services to legal cannabis businesses without putting themselves in legal jeopardy.| American Banker
CFPB Director Rohit Chopra launched an inquiry into so-called “junk fees,” with bankers and lenders countering that the fees they charge are related to specific types of work performed and that existing laws already prohibit excessive fees.| American Banker
The Consumer Financial Protection Bureau issued a final rule pursuant to its broader open banking proposal Wednesday that would require standard-setting bodies to include public interest consumer groups and others to receive bureau recognition.| American Banker
From contusions to leg swelling, visible signs reignite debate over Trump’s wellbeing — and transparency. The post President Trump’s Mysterious Hand Bruising Raises New Questions About His Health appeared first on Katie Couric Media.| Katie Couric Media
Experts warn that the enclave is an attempt to rebrand extremism. The post Inside “Return to the Land”: The Whites-Only Settlement Under Investigation in Arkansas appeared first on Katie Couric Media.| Katie Couric Media
Fascinating research illustrates how the president’s policies can hurt his supporters most. The post Blue States That Sued Kept Most CDC Grants, While Red States Feel Brunt of Trump Clawbacks appeared first on Katie Couric Media.| Katie Couric Media
The Federal Reserve governor said the uptick in buy now pay later repayment issues is likely a sign that consumers don't understand the terms of the emerging credit offering.| American Banker
An internal Consumer Financial Protection Bureau memo says the agency will shift enforcement and supervisory work to the states and cease oversight of all nonbanks and Big Tech firms.| American Banker
The Consumer Financial Protection Bureau issued a new interpretive rule designating buy now/pay later lenders as credit card providers, subjecting those services to consumer protections like the right to dispute charges and receive refunds.| American Banker
An executive order issued late Friday cut the Treasury Department Community Development Financial Institution Fund and other federal programs to their legal minimum.| American Banker
Many young Appalachians, regardless of later political affiliation, can recall the childhood moments they learned how free they were to voice their own thoughts about contentious topics with family members. Julia Pritt, 24, originally from Hurricane, West Virginia, recalled her excitement the week gay marriage was legalized in June 2015. […]| 100 Days in Appalachia