CFPB

'Vandalism is never minor in banking': Comments of the week

07/21/17

Readers question acting comptroller Noreika, weigh in on SoFi’s charter application, defend Trump’s exit from the Paris Accord, and more.

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Warren calls OCC's Noreika one of Trump's 'swamp creatures'

07/20/17

Sen. Elizabeth Warren, D-Mass., sharply criticized the new acting head of the Office of the Comptroller of the Currency as part of a report Thursday detailing how industry executives and lobbyists have joined the Trump administration.

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GOP efforts to repeal CFPB arbitration rule off to rocky start

07/20/17

House and Senate lawmakers formally filed resolutions on Thursday to repeal the Consumer Financial Protection Bureau's arbitration rule, but there were early signs that enacting them may prove challenging.

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OCC fights for fintech: GOP plans to kill CFPB rule

07/20/17

Acting Comptroller Keith Noreika says his agency is prepared to defend its authority to grant banking licenses to fintech firms; lawmakers hopeful they can block anti-arbitration rule before it takes effect.

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Repealing CFPB’s arbitration rule might be a bipartisan effort: GOP lawmaker

07/19/17

Sen. Tom Cotton, R-Ark., plans on leading Republican efforts to overturn the Consumer Financial Protection Bureau’s rule governing arbitration agreements and said Wednesday that a few Democrats might help the effort.

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Goldman unit takes a hit; CFPB blocks mandatory arbitration

07/19/17

The bank’s once-vaunted bond trading unit reports its second bad quarterly performance in a row; Cordray tells OCC it’s too late to stop rule prohibiting mandatory arbitration.

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CFPB scores highly in new poll — even among Republicans

07/18/17

Most U.S. voters, including those who identify as Republicans, support the Dodd-Frank financial reform law and the Consumer Financial Protection Bureau, according to a poll conducted in late June.

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It’s OCC vs. CFPB in tug of war over arbitration rule

07/18/17

The OCC and CFPB are engaging in a high-stakes battle over the latter agency's effort to rein in mandatory arbitration clauses, in a rare public spat between federal regulators.

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BNY hires Scharf as CEO; OCC-CFPB tiff escalates

07/18/17

Former Visa CEO replaces Gerald Hassell; Acting Comptroller Noreika asks Cordray to delay rule that makes it easier for consumers to sue banks.

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CFPB suffers setback in Respa loss

07/17/17

A district court judge has ruled in favor of a Louisville, Ky., law firm that was sued by the Consumer Financial Protection Bureau in 2013 for allegedly paying illegal kickbacks in exchange for referrals.

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