CFPB

Dems unload on CFPB’s Kraninger: ‘You are absolutely worthless’

10/16/19

CFPB Director Kathy Kraninger faced a barrage of questions from Democrats on the House Financial Services Committee over why the agency has not demanded refunds for consumers in recent settlements.

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Supreme Court yet to decide if it will take CFPB case

10/15/19

A list of upcoming cases published by the high court did not include a challenge to the bureau's constitutionality, but the justices could still decide to review it at a later date.

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The next Elizabeth Warren? How Katie Porter is shaking up House banking panel

10/14/19

The California Democrat is less recognizable nationally than other progressives elected to the House in 2018. But she may be "the most feared freshman" on the Financial Services Committee.

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BofA's 'productive paranoia,' GSEs' next moves, debt collecters' letdown: Top stories of the week

10/11/19

BofA’s do-no-harm approach to AI; looking at what comes next for Fannie and Freddie now that they get to keep their earnings; ruling cuts short debt collectors’ victory lap over CFPB proposal; and more from this week’s most-read stories.

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CFPB launches task force to identify gaps in consumer finance law

10/11/19

CFPB Director Kathy Kraninger announced the creation of a task force to research and identify potential conflicts in consumer finance law.

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CFPB extends temporary HMDA relief for small institutions

10/10/19

Institutions that offer fewer than 500 open-end lines of credit will get another two-year exemption from reporting requirements under the Home Mortgage Disclosure Act.

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Pelosi, Waters defend CFPB's constitutionality in Supreme Court brief

10/08/19

The two Democrats waded into a court battle over the president's ability to fire a director of the Consumer Financial Protection Bureau.

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Ruling cuts short debt collectors’ victory lap over CFPB proposal

10/07/19

The industry had welcomed the Consumer Financial Protection Bureau plan allowing debt collectors to use electronic communication, but some worry about the effect of a court decision concerning email correspondence.

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Kraninger’s stance on CFPB constitutionality puts rules in limbo

10/01/19

By declaring that she has too much statutory power, the agency’s director has potentially opened a floodgate of litigation.

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House GOP calls on CFPB to continue remittance rule exemptions

09/30/19

House Republicans are pushing the CFPB to continue to allow banks and credit unions to estimate exchange rates and fees for money transfers.

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