Kate Berry

A coalition of 20 state attorneys general, most of them Democrats, is opposing efforts by the high-cost lenders Enova International and Opportunity Finance to acquire banks. The state AGs warn that the companies are trying to dodge state interest-rate caps.

Reporter Kate Berry has covered the Consumer Financial Protection Bureau for American Banker since 2016. She joined the publication in 2006 covering mortgage... Read full bio

The Senate Banking Committee will hold a hearing Thursday on whether to confirm Brian Johnson, a former Capital One executive and deputy director of the Consumer Financial Protection Bureau in Trump's first term to lead the agency permanently.

Key insight: Johnson, the former No. 2 at the CFPB in the first Trump administration, dodged direct questions about whether he would pursue drastic staff cuts as his acting predecessor has.

Banco Popular de Puerto Rico is a full-service financial services provider with operations in Puerto Rico, the United States and Virgin Islands.

Key insight: Brian Johnson, the former No. 2 at the agency in the first Trump administration, disclosed 12 industry clients from between 2022 and 2024, when he was working for the consulting firm Patomak Global Partners.

Reporter Kate Berry has covered the Consumer Financial Protection Bureau for American Banker since 2016. She joined the publication in 2006 covering mortgage... Read full bio

Key insight: Mark Paoletta automatically became acting director on Saturday, due to Russell Vought's term expiring.

Reporter Kate Berry has covered the Consumer Financial Protection Bureau for American Banker since 2016. She joined the publication in 2006 covering mortgage... Read full bio

Key insight: Under a revised open-banking proposal, banks are expected to be allowed to charge fees to fintechs and other third parties that want to access customer financial data.