CFPB

CFPB's Kraninger commits to finalizing small-business lending rule

02/27/20

CFPB Director Kathy Kraninger promised to complete the rule mandated by Dodd-Frank one day after a California court set a process for doing so.

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Discover's student loan-servicing actions investigated by CFPB

02/27/20

Discover Financial Services is being investigated by the agency over student loan-servicing practices and its compliance with a 2015 consent order involving the business.

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CFPB forced to complete small-business lending rule

02/26/20

After dragging its feet, the agency has agreed to a court-supervised process for writing a Dodd-Frank-mandated rule aimed at stamping out discrimination.

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CFPB's No. 2 to leave agency for law firm

02/25/20

Deputy Director Brian Johnson spent more than two years serving under two separate CFPB directors. He will become a partner at Alston & Bird LLP next month.

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CFPB's Kraninger says QM proposal, remittance rule will be out by May

02/25/20

The agency's director said both steps will come as part of an ongoing review of agency rules and show "my commitment under the law to be effective and evidence based” in providing clarity to stakeholders.

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CFPB proposes making debt collectors disclose statute of limitations

02/21/20

Debt collectors would have to tell consumers upfront that they cannot sue to recover "time-barred" debt under a proposal issued Friday by the Consumer Financial Protection Bureau.

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PNC gets sued, LendingClub buys bank, regulators spar: Top stories of the week

02/21/20

Tech firm accuses PNC of stealing trade secrets; online lender LendingClub agrees to acquire Radius Bank; questions arise whether regulators are turning more partisan; and more from this week's most-read stories.

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Kraninger wants more money for CFPB. White House has a different plan.

02/20/20

The Trump administration proposes cutting personnel and other budgetary items at the bureau, while the agency’s director — who controls the purse strings and was hand-picked by the administration — aims to boost spending and hire more employees.

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Bloomberg tacks left on financial regulation. Should banks be worried?

02/18/20

Years after criticizing the Dodd-Frank Act, the Democratic presidential candidate and former New York City Mayor Michael Bloomberg is now taking a page from the Elizabeth Warren playbook.

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The API race, CFPB vs. Citizens, Varo's bank charter: Top stories of the week

02/14/20

Wells Fargo appears to be outpacing its rivals in the API race; CFPB's unexpected showdown with Citizens; Varo gets vital FDIC OK for bank charter; and more from this week's most-read stories.

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