CFPB

Potential Truist delay, Katie Porter, tech giant trust issues: Top stories of the week

10/18/19

BB&T-SunTrust merger closing could slip into 2020; how “the most feared freshman” is shaking up House Banking panel; consumers are split about trusting Amazon, Google with their savings; and more from this week’s most-read stories.

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Supreme Court will hear CFPB constitutionality case

10/18/19

The high court will decide how much latitude a president has to fire the director of an independent agency.

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'Enough of this nonsense': Comments of the week

10/17/19

Readers cast doubts on regulatory attempts to jointly revamp the Community Reinvestment Act, react to Democrats berating the CFPB head, an upcoming House hearing with Facebook's CEO and more.

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Another day, another Capitol Hill grilling for CFPB's Kraninger

10/17/19

In her second day of congressional testimony, Kathy Kraninger took heat from Senate Democrats for weighing in on constitutional questions about her agency and for her enforcement track record.

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Dems unload on CFPB’s Kraninger: ‘You are absolutely worthless’

10/16/19

CFPB Director Kathy Kraninger faced a barrage of questions from Democrats on the House Financial Services Committee over why the agency has not demanded refunds for consumers in recent settlements.

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Supreme Court yet to decide if it will take CFPB case

10/15/19

A list of upcoming cases published by the high court did not include a challenge to the bureau's constitutionality, but the justices could still decide to review it at a later date.

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The next Elizabeth Warren? How Katie Porter is shaking up House banking panel

10/14/19

The California Democrat is less recognizable nationally than other progressives elected to the House in 2018. But she may be "the most feared freshman" on the Financial Services Committee.

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BofA's 'productive paranoia,' GSEs' next moves, debt collecters' letdown: Top stories of the week

10/11/19

BofA’s do-no-harm approach to AI; looking at what comes next for Fannie and Freddie now that they get to keep their earnings; ruling cuts short debt collectors’ victory lap over CFPB proposal; and more from this week’s most-read stories.

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CFPB launches task force to identify gaps in consumer finance law

10/11/19

CFPB Director Kathy Kraninger announced the creation of a task force to research and identify potential conflicts in consumer finance law.

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CFPB extends temporary HMDA relief for small institutions

10/10/19

Institutions that offer fewer than 500 open-end lines of credit will get another two-year exemption from reporting requirements under the Home Mortgage Disclosure Act.

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