CFPB

Showdown at the CFPB; Westerman bolts HSBC

11/27/17

Cordray picking his own interim successor sets off a firestorm; co-head of global banking leaves the U.K. bank after only 18 months.

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CFPB's English expected to sue Trump administration to block Mulvaney appointment

11/26/17

A lawsuit by CFPB Deputy Director Leandra English against the Trump administration is expected to challenge Mulvaney's appointment on two counts: that the president would directly control an independent agency and that it violates the succession plans laid out in the Dodd-Frank Act.

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Legal clash looms over CFPB leadership

11/24/17

There is a possibility that there could soon be two individuals declaring themselves the rightful leader of the Consumer Financial Protection Bureau.

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Cordray out at CFPB, names own acting successor

11/24/17

CFPB Director Richard Cordray abruptly announced Friday that he would leave at the end of the day, giving the reins of the agency to a new deputy director.

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CFPB’s constitutionality question doesn’t end with Cordray’s departure

11/22/17

The outcome of a case testing the president's power to fire a CFPB director will come too late to impact Richard Cordray, but may affect President Trump's interim and final picks to lead the agency.

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CFPB orders Citi to pay $6.5M for student loan failures

11/21/17

The Consumer Financial Protection Bureau on Tuesday ordered Citibank to pay $6.5 million in consumer relief and penalties for student loan servicing failures.

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Cordray urges CEOs to give consumers more control over payments, cards

11/21/17

A week before he is due to resign, CFPB Director Richard Cordray sent a letter to 29 CEOs at banks, credit unions and other financial companies, urging them to help consumers exert more control over credit cards, debit cards and other payment methods.

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D.C. misses the point about overdraft: It helps consumers

11/21/17

Legislation and regulatory policy that takes a heavy-handed view of overdraft protection could remove a safe and convenient option for consumers managing their finances.

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Fed issues guidelines for bank boards; The problems with the CFPB

11/21/17

Guidance focuses on five key traits, including overseeing risk profiles; a former Congressional aide says agency must be accountable.

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What’s next for CFPB after Cordray leaves?

11/21/17

When CFPB Director Cordray resigns in two weeks, will the agency grind to a halt? Kate Berry reports on the embattled agency.

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