CFPB

CFPB fines JPM $4.6M for checking account denials

08/02/17

The Consumer Financial Protection Bureau ordered JPMorgan Chase to pay a $4.6 million fine for failing to provide accurate information when denying checking account applicants.

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High-cost installment loans: No improvement over payday loans

08/02/17

With the environment in Washington favoring deregulation, banks are pushing regulators to let them back into the payday lending game. They should know better.

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Dems use Wells scandals to call for hearings, defend CFPB arbitration rule

08/01/17

Democrats on the House and Senate banking committees are urging Republicans to hold hearings with Wells Fargo's top executives over its phony-accounts and force-placed insurance scandals.

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OCC backs off arbitration rule; bitcoin knockoff set to trade

08/01/17

Acting Comptroller Noreika says he will defer to Congress to determine whether the rule requiring mandatory arbitration should be killed; Bitcoin Cash to start trading but is causing confusion in the digital currency market.

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These 5 senators are key to the CFPB arbitration rule fight

08/01/17

Four Republican senators are seen as possible defectors on a vote to repeal the CFPB's arbitration rule, while another senator may be absent, which will make the GOP's job harder.

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OCC's Noreika backs off on challenge to CFPB arbitration rule

07/31/17

Acting Comptroller of the Currency Keith Noreika said Monday that he would not interfere with the Consumer Financial Protection Bureau's rule banning mandatory arbitration after missing a key deadline to appeal the regulation.

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New Wells scandal harms effort to nix CFPB arbitration rule

07/28/17

Republican efforts to repeal the Consumer Financial Protection Bureau's arbitration rule were dealt a significant blow Friday by another Wells Fargo scandal.

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CFPB to act fast on payday rule ahead of likely Cordray exit

07/26/17

The Consumer Financial Protection Bureau is likely to finalize its small-dollar rule by September ahead of Director Richard Cordray's widely expected departure.

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Dems fight back against arbitration rule repeal as House moves forward

07/25/17

The House was expected Tuesday to pass a resolution to nullify the Consumer Financial Protection Bureau’s rule banning mandatory arbitration clauses.

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Wells Fargo data goof; Trump-CFPB war widens

07/24/17

Outside counsel for Wells Fargo accidently sends files on wealthy customers to opposing lawyer in defamation case; White House wants agency’s consumer complaint database to be private.

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