David Baumann

David Baumann

July 17, 2019 | Credit Union Times

Taking First Senate Step, Banking Committee to Hold Marijuana Banking Hearing

The much-anticipated hearing is scheduled to take place next Tuesday.

By David Baumann

2 minute read

June 26, 2019 | Credit Union Times

ABA-Funded Study Accuses Credit Unions of Abandoning Their Missions

Credit union trade groups are dismissive of the report, saying the funding behind it raises serious questions about its findings.

By David Baumann

5 minute read

May 23, 2019 | Credit Union Times

House Passes Bill to Reverse Mulvaney Decisions at CFPB

In part, the bill would restrict the reorganization of bureau units and limit the hiring of political appointees.

By David Baumann

2 minute read

April 29, 2019 | Credit Union Times

House Committee to Weigh Legislation to Tighten Payday Lending

One piece of the legislation would create an Office for Under-Banked, Un-Banked and Underserved Consumers in the CFPB.

By David Baumann

2 minute read

March 08, 2019 | The Recorder

U.S. House Members Introduce Bill to Allow Cannabis Banking

The new bill would provide safe harbor for financial institutions to do business with the cannabis industry.

By David Baumann

2 minute read

February 25, 2019 | Credit Union Times

Waters Seeking Whistleblowers at CFPB

"If, in the course of your work, you are a witness to waste, fraud, abuse or gross mismanagement, please do not hesitate to alert me and my staff."

By David Baumann

3 minute read

December 03, 2018 | Credit Union Times

Regulator to Request Injunction Keeping OCC From Issuing Fintech Charters

New York officials believe fintech charters would preempt state laws that protect people from predatory lending practices.

By David Baumann

2 minute read

June 18, 2018 | National Law Journal

Critics Blast Kraninger as Unqualified for CFPB Job

Credit union and banking trade groups are more supportive on the possiblity of Trump's choice.

By David Baumann

1 minute read

February 09, 2017 | National Law Journal

Hensarling Memo Reveals Plan to Gut the CFPB's Power

The power of the Consumer Financial Protection Bureau would be severely curtailed under changes in a Dodd-Frank overhaul bill being contemplated by House Financial Services Chairman Jeb Hensarling, R-Texas.

By David Baumann

6 minute read