CFPB

Led by Trump appointee, CFPB is back in the enforcement business

09/18/19

There were signs Kathy Kraninger would continue a rollback of consent orders and investigations, but many observers see an aggressive approach reminiscent of the Obama era.

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N.Y. regulator voices objections to CFPB's debt collection plan

09/18/19

Linda Lacewell, New York’s superintendent of financial services, said the CFPB's debt collection proposal does not go far enough to protect consumers.

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CFPB complaint portal will remain public, with changes banks sought

09/18/19

The agency put to rest speculation that it might take the database offline, yet new disclosure statements are meant to combat the notion that a complaint proves a company’s guilt.

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Fed moves to ease cash shortage; Citi looks to make connections

09/18/19

The Fed’s injects funds into the repo market for first time in more than a decade; bank trying to partner firms with cash with those with market share.

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CFPB investigating Bank of America over phony accounts

09/17/19

During a probe that grew out of the Wells Fargo scandal, the Charlotte-based bank has acknowledged instances of "potentially unauthorized" accounts, but said that the number of examples was "vanishingly small."

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CFPB’s Kraninger agrees: Her job security is unconstitutional

09/17/19

The agency's director told congressional leaders and staff that she backs a Supreme Court challenge to the bureau's leadership structure.

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Senate Dems urge CFPB to extend QM patch

09/17/19

Senate Democrats are warning the Consumer Financial Protection Bureau to be careful as it considers changes to its mortgage underwriting rules.

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Wells Fargo, USAA and Old Dominion: Bankers on the Move

09/16/19

Women executives headlined a number of key moves in the banking industry as summer wound down.

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Republicans sought power to fire CFPB chief. Democrats may benefit.

09/12/19

The Supreme Court may be closer to examining a key restraint on a president's ability to change CFPB leadership.

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CFPB moves to ease fintechs’ regulatory fears

09/10/19

The bureau issued three policies removing the threat of legal liability for approved companies that test new products.

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