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Kate Berry

Kate Berry

Reporter at American Banker

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Email address
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Influence score
40
Phone
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Location
United States
Languages
  • English
Covering topics
  • Politics
  • Finance & Banking Services

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Recent Articles

americanbanker.com

CFPB to issue "interim" final rule on 1033 open banking

The Consumer Financial Protection Bureau plans to issue an interim final rule soon on consumer financial data rights because the agency expects to run out of money by Dec. 31.
americanbanker.com

CFPB tees up second funding battle with Supreme Court

Now that the Consumer Financial Protection Bureau has refused to request funding from the Federal Reserve System, many experts see the case making its way to the Supreme Court.
americanbanker.com

DOJ: CFPB cannot request new funding from the Fed

The Department of Justice told a court that the Consumer Financial Protection Bureau cannot legally request funding from the Federal Reserve System, arguing that the Fed has not turned a profit since 2022 and thus cannot fund the CFPB.
americanbanker.com

As auto delinquencies rise, CFPB seeks to cut oversight

The Consumer Financial Protection Bureau is considering a proposal to reduce its oversight of auto finance lenders, saying the benefits of supervision may not justify the "increased compliance burdens."
americanbanker.com

CFPB's cybersecurity program 'no longer effective:' OIG says

The Consumer Financial Protection Bureau has seen a rapid drop in the effectiveness of its cybersecurity program, according to a new report from the Fed's Office of Inspector General.
americanbanker.com

Consumers urge CFPB to protect data in open banking plan

In comment letters on the Consumer Financial Protection Bureau's new rulemaking on personal financial data rights, consumers begged the agency to protect their data from misuse.
americanbanker.com

Court halts compliance with CFPB's final open banking rule

A district court has agreed to halt compliance with the Consumer Financial Protection Bureau's Biden-era open banking rule while the Trump administration pursues its own rule.
americanbanker.com

DOJ opposes CFPB union's request for rehearing on firings

The Department of Justice has filed a motion opposing the Consumer Financial Protection Bureau employee union's appeal of an August D.C. Circuit ruling allowing the administration to fire up to 90% of the agency's workforce.
americanbanker.com

What's next in the fight over the CFPB's open banking rule?

The effort to establish rules governing consumers' access to their financial data has been effectively derailed by litigation, moves made by the Trump-era CFPB and JPMorganChase's decision to start charging data aggregators for access to customer data.
americanbanker.com

Amid looming layoffs, CFPB is hiring attorney-advisors

The Consumer Financial Protection Bureau has announced job openings for attorney-advisors to represent the agency in defensive and appellate litigation.
americanbanker.com

Democrats urge full D.C. Circuit to hear CFPB court case

Top Democratic lawmakers are asking the full appeals court to hear a case about the Trump administration's efforts to fire employees at the Consumer Financial Protection Bureau.