CFPB

'The freaks are coming out of the woodwork': Comments of the week

11/15/18

Readers respond to the burgeoning debate over brokered deposits, consider the Democratic presidential hopefuls for 2020, weigh the Consumer Financial Protection Bureau's latest regulatory efforts and more.

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Senate one step closer to voting on CFPB nominee

11/15/18

Majority Leader Mitch McConnell filed a motion for cloture on the nomination of Kathy Kraninger to run the agency, setting up a potential vote later this month.

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CFPB’s remittance rule exception needs a reboot

11/15/18

A 10-year exemption for banks offering estimated fees and exchange rates under the rule, instead of exact amounts, is set to expire in 2020. Lawmakers should consider a temporary extension.

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Fintech startup tries to help consumers fix credit report errors

11/15/18

Upturn, which is owned by a BBVA unit, is offering a free online tool consumers can use to detect and dispute inaccuracies in their credit report.

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Brown defends CFPB independence, calls for focus on small-town issues

11/13/18

As he weighs a possible presidential bid, Sen. Sherrod Brown, D-Ohio, touched on a likely campaign theme Tuesday, saying both political parties have done a poor job dealing with rural concerns.

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CFPB walks tightrope in effort to define ‘abusive’ practices

11/11/18

Regulators typically write rules before applying them. But the CFPB is attempting the reverse.

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'Not a good omen for the industry': Comments of the week

11/08/18

Readers sound off on the 2018 midterm election results, OCC's Otting defending his agency's right to charter fintechs, and predictions the plastic credit card is nearly dead.

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Waters' priorities: Thwarting Trump, shielding consumers, housing

11/08/18

The presumptive chair of the Financial Services Committee resumed her tough criticism of the administration, but also committed to "hearing a range of views" if handed the gavel.

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Judge suspends compliance deadline for CFPB payday rule

11/07/18

Reversing a previous order, the Texas judge granted part of the bureau's request to stay the effective date and allow time for the agency to work on changes to the rule.

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Banking groups to regulators: Codify policy on supervisory guidance

11/06/18

The federal agencies said in a recent statement that “guidance does not have the force and effect of law,” but two trade groups say that standard should be more binding.

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