The CFPB Is Cleaning Up Junk Fees ReportApr 9, 2024 The CFPB Is Cleaning Up Junk Fees The Consumer Financial Protection Bureau has taken a series of actions to cut excessive and hidden junk fees in the financial marketplace, which will save consumers billions of dollars. Apr 9, 2024 Lilith Fellowes-Granda, David Correa
4 Principles for Addressing Climate Risks in the Insurance Industry ArticleMar 13, 2024 4 Principles for Addressing Climate Risks in the Insurance Industry The U.S. insurance markets, consumers, and the financial system are already feeling the effects of climate change, and state and federal policymakers must act. Mar 13, 2024 Lilith Fellowes-Granda
Regulators’ Bank Capital Proposals Don’t Go Far Enough To Improve Financial Stability ArticleJan 16, 2024 Regulators’ Bank Capital Proposals Don’t Go Far Enough To Improve Financial Stability While the 2023 bank capital proposals make important improvements to the regulatory framework, new CAP empirical analysis shows that additions to bank equity are modest and must be larger to substantially enhance the stability of the largest banks. Jan 16, 2024 Marc Jarsulic, Lilith Fellowes-Granda
CAP Comments on Regulators’ Proposals To Increase Bank Capital Requirements ArticleDec 14, 2023 CAP Comments on Regulators’ Proposals To Increase Bank Capital Requirements The Center for American Progress submitted a comment letter to the Office of the Comptroller of the Currency, Federal Reserve, and Federal Deposit Insurance Corporation on their proposals to raise capital requirements for the largest banks—those with assets of $100 billion or more. Dec 14, 2023 Marc Jarsulic, Lilith Fellowes-Granda
CAP Submits Comments to the Office of Information and Regulatory Affairs on the Federal Insurance Office’s Climate Risk Data Collection Sign-On LetterDec 14, 2023 CAP Submits Comments to the Office of Information and Regulatory Affairs on the Federal Insurance Office’s Climate Risk Data Collection The Center for American Progress submitted a comment letter to the Office of Information and Regulatory Affairs on the Federal Insurance Office’s climate-related financial risk data collection. Dec 14, 2023 Lilith Fellowes-Granda
CFPB Complaints State Fact Sheets: The CFPB Helps Consumers Nationwide ArticleOct 3, 2023 CFPB Complaints State Fact Sheets: The CFPB Helps Consumers Nationwide The CFPB has stood up for everyday consumers and fought against unfair treatment across the United States, addressing consumer complaints nationwide. Oct 3, 2023 Crystal Weise, Lilith Fellowes-Granda, David Correa
CFPB v. CFSA: How the Supreme Court Could Harm Consumers and Financial Markets ReportSep 28, 2023 CFPB v. CFSA: How the Supreme Court Could Harm Consumers and Financial Markets The U.S. Supreme Court is considering a case challenging the autonomy of the single most important agency for the protection of consumers in the financial markets—and its decision could spread uncertainty and harm far beyond the agency. Sep 28, 2023 Lilith Fellowes-Granda, Devon Ombres, Alexandra Thornton, 1 More Crystal Weise
CAP Comments on the FSOC’s Proposed Analytic Framework and Nonbank Designation Guidance Sign-On LetterJul 27, 2023 CAP Comments on the FSOC’s Proposed Analytic Framework and Nonbank Designation Guidance The Center for American Progress submitted comment letters to the Financial Stability Oversight Council on their proposed analytic risk framework and guidance on nonbank financial company designations. Jul 27, 2023 Lilith Fellowes-Granda
Insurers’ Failure on Climate Disasters Imperils Financial System In the NewsJul 11, 2023 Insurers’ Failure on Climate Disasters Imperils Financial System Lilith Fellowes-Granda argues that the current state-by-state regulation of insurers falls short of addressing climate-impacted risks and why the federal government needs to step in. Jul 11, 2023 Bloomberg Lilith Fellowes-Granda
Comments on the National Credit Union Administration’s Request for Information Regarding Climate-Related Financial Risk ArticleJun 27, 2023 Comments on the National Credit Union Administration’s Request for Information Regarding Climate-Related Financial Risk The Center for American Progress submitted a comment to the National Credit Union Administration on the effects of climate-related financial risks and the steps to manage and mitigate exposure to those risks. Jun 27, 2023 Crystal Weise, David Correa, Lilith Fellowes-Granda
How U.S. Regulators Can Help Community and Regional Banks Address Climate-Related Financial Risks ReportApr 28, 2023 How U.S. Regulators Can Help Community and Regional Banks Address Climate-Related Financial Risks Federal banking regulators should incorporate climate-related guidance, information, and analysis in their oversight of small and midsize banks. Apr 28, 2023 Lilith Fellowes-Granda, Crystal Weise
4 Things Bank Regulators Can Do to Help Prevent Bank Failures ArticleApr 27, 2023 4 Things Bank Regulators Can Do to Help Prevent Bank Failures In addressing the recent instability within the U.S. financial system, regulators must confront continuing risk and bank fragility. Apr 27, 2023 Marc Jarsulic, Alexandra Thornton, Lilith Fellowes-Granda