CFPB

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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Enforcement actions are still a tool in CFPB arsenal, Kraninger says

09/09/19

Public orders are an effective way to discourage violations of consumer protection law, the bureau's director said at a credit union conference.

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Student borrower protection bill stalls in California

09/06/19

A legislative measure would have made the Golden State the first in the nation where aggrieved borrowers could sue their servicers. The bill was delayed until 2020 after banks and other financial companies expressed opposition.

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