CFPB

CFPB survey finds 40% of Americans struggle to pay bills

09/26/17

The Consumer Financial Protection Bureau's first "National Financial Well-Being Survey" found that a large slice of consumers experience financial hardship.

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CFPB examiners moved through training program too fast, IG says

09/25/17

The Consumer Financial Protection Bureau may have commissioned some examiners before they were prepared, a new report has found.

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‘Talk about unfair and deceptive!’: Comments of week

09/22/17

Readers chime in on debates about ILCs, the CFPB’s arbitration rule, the financial services ambitions of tech firms and more.

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CFPB arbitration rule is an undeniable win for consumers

09/22/17

The Consumer Financial Protection Bureau’s final rule on arbitration clauses may be bad news for alleged corporate wrongdoers like Equifax and Wells Fargo, but surely for the victims of such wrongdoing — and for consumers, generally — it is good news indeed.

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GOP undeterred on arbitration rule repeal despite Wells, Equifax

09/21/17

Democrats have striven to paint recent scandals at Wells Fargo and Equifax as prime examples of why a regulatory rule banning mandatory arbitration agreements should be upheld, but Republicans are not wavering on their desire to overturn it.

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Lawmakers to grill Equifax, Wells CEOs in busy week of hearings

09/21/17

The hearings before the Senate Banking Committee have high stakes for both companies, as lawmakers are expected to ask the CEOs whether they should be fired.

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CFPB reveals what new HMDA data will, and won't, be made public

09/20/17

A Consumer Financial Protection Bureau proposal would limit how much Home Mortgage Disclosure Act data is released to the public in an effort to protect consumer privacy.

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Are Cordray’s political ambitions holding up reg relief bill?

09/20/17

Lawmakers may feel differently about some elements in a Senate regulatory relief bill depending on whether CFPB Director Cordray is remaining in office until his term expires in July.

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Wells Fargo got off easy; Massachusetts sues Equifax

09/20/17

An internal CFPB memo says it was considering a $10 billion fine before settling on $100 million; state suit against credit bureau is likely to be the first of many.

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Cordray lied, botched Wells investigation: GOP report

09/19/17

Consumer Financial Protection Bureau Director Richard Cordray allegedly misled Congress about the agency's investigation into Wells Fargo's illegal sales practices and may have rushed a settlement with the bank, according to a report by the GOP.

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