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


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.


Supreme Court yet to decide if it will take CFPB case


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.


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


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.


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


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.


CFPB launches task force to identify gaps in consumer finance law


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


CFPB extends temporary HMDA relief for small institutions


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.


Pelosi, Waters defend CFPB's constitutionality in Supreme Court brief


The two Democrats waded into a court battle over the president's ability to fire a director of the Consumer Financial Protection Bureau.


Ruling cuts short debt collectors’ victory lap over CFPB proposal


The industry had welcomed the Consumer Financial Protection Bureau plan allowing debt collectors to use electronic communication, but some worry about the effect of a court decision concerning email correspondence.


Kraninger’s stance on CFPB constitutionality puts rules in limbo


By declaring that she has too much statutory power, the agency’s director has potentially opened a floodgate of litigation.


House GOP calls on CFPB to continue remittance rule exemptions


House Republicans are pushing the CFPB to continue to allow banks and credit unions to estimate exchange rates and fees for money transfers.