The Economic Standard: CFPB has Overstepped Its Authority

The Consumer Financial Protection Bureau (CFPB) has an important role of protecting consumers’ interests in the financial sector. As such, the Bureau is responsible for regulating in a manner that does not harm consumers or businesses.  This makes the Bureau a powerful institution with regulatory reach across a wide range of economic issues and, as a consequence, […]

The Economic Standard: Fintech Faces Regulatory Peril

Over the past decade, the way Americans accessed capital has changed dramatically. Whereas previous generations relied on financing from high-street banks, today’s young adults and unbanked consumers are more likely to use fintech companies, mostly accessible through their smartphones. Despite the significant change and democratization of consumer finance, the Consumer Finance Protection Bureau (CFPB) has […]